A real estate firm with a large footprint in Detroit’s Eastern Market is putting all of its buildings there up for sale.
Firm Real Estate, a Detroit-based residential and commercial development company, said Thursday that it plans to sell 21 properties across 10 acres in the neighborhood.
The portfolio with an asking price of nearly $31 million, totals about 450,000 square feet, and includes a mix of historic commercial and mixed-use buildings, vacant lots and parking spaces. Detroit-based O’Connor Real Estate is handling the listings for the properties.
“As a company, we decided that these properties were no longer consistent with our future strategic business plan,” Jeff Bartlett of Firm Real Estate said in a statement. “We realized that it was important to sell these properties so th