First Commercial Realty & Development announces David G. Brady, Jr. as the company’s new Director of Construction. Brady brings to the company 25 years of experience working in construction, and expertise in various construction-related fields. He joined the company on June 1, 2021. “David brings a wealth of experience to our team.” says President William … Read more
First Commercial Realty & Development Co., Inc. (FCRD) is seeking an experienced Sales Associate to join our brokerage team in Southfield, Michigan. FCRD specializes in retail and commercial real estate, including grocery-anchored shopping centers and office buildings, and offers expert real estate services in brokerage, development, construction, property and real estate management. Our current portfolio … Read more
Pete Gikas completed the following Q2/Q3 renewals and extensions: Wild Bill’s Tobacco renewed on the 2,300 square foot space the chain smoke shop occupies at Chilson Commons in Hamburg, Michigan. Fellow tenant Hamburg Coney Island also renewed the lease on its 3,300 square foot space. Kroger renewed on the 47,000 square foot grocery store located … Read more
Happy New Year from First Commercial. We closed out 2019 with some exciting tenant updates! Pete Gikas completed the following renewals: Kid’s Kicking Cancer renewed their lease at Rivers Edge Office Building in Southfield, Michigan, and expanded their space by 1,600 square feet. The Spot Mart renewed the lease on their 3,200 square foot space … Read more
It was a bustling summer here at FCRD! Peter Gikas, Vice President of Real Estate Operations, negotiated five lease renewals with current tenants: Pro Nail Salon renewed on their 1,300 square foot space at Highland Park Place in Highland Park, Michigan. Goodwill signed a renewal on the 7,150 square foot space they currently occupy at … Read more
The newest Foot Locker store in Detroit is now open for business. The new state-of-the-art store opened on September 13, 2019, and is reflective of Foot Locker North America’s strategy of moving away from traditional mall-based retail spaces and into unique, community-centered retail spaces. First Commercial Realty & Development turned possession of the newly constructed … Read more
2019 continues to be a busy year here at First Commercial, as we welcome three new tenants this quarter: Warren Terrace closed a deal with Simply Breakfast on a 1,950 square foot space at Royal Town Center in Royal Oak Township, Michigan. The restaurant is set to open in the coming months. Rise Fitness signed … Read more
This month, our magnificent Property Manager Denise Stockinger-Butler celebrates 20 years at First Commercial Realty & Development! Denise is an invaluable asset to the FCRD team, serving as Property Manager of both our own portfolio of 17 properties and third party properties managed through our Property & Real Estate Management department. Denise began her career … Read more
First Commercial Realty & Development is excited to announce Foot Locker, Inc. (NYSE: FL) will be taking possession of their newest Detroit store -located on Grand River Avenue between Sussex Street and Whitcomb- on Friday, June 14, 2019. FCRD has delivered a newly constructed 6,500 square foot building located adjacent to the currently operating Foot … Read more
First Commercial is honored to be a part of the International Council of Shopping Centers (ICSC)’s RECon 2019, running May 19 through May 22 at the Las Vegas Convention Center in Las Vegas, Nevada. “RECon is the world’s largest global gathering of retail real estate professionals. Where leading developers, owners, brokers and retailers to conduct … Read more