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Row of Fan office buildings to be razed for salon-anchored development

Row of Fan office buildings to be razed for salon-anchored development
March 15, 2021 10
A row of office buildings in the Fan sold last fall for $1.3 million and are now set to be razed for a mixed-use development. (
Mike Platania photo)
A row of aging office buildings in the Fan is set to be razed to make way for a new salon-anchored development.
Local developer and entrepreneur Andrew Flint is planning to replace four century-old structures in the 2600 block of West Cary Street with a mixed-use project that will include a storefront for Hive Salon Studios, a local chain he owns.
Flint bought the buildings at 2606, 2608, 2610 and 2612 W. Cary St. for $1.27 million in November 2020 and began looking into renovating them, rather than tearing them down. ....

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Why Procore's IPO is back on, View's foggy Nasdaq debut

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Why Procore’s IPO is back on, View’s foggy Nasdaq debut
Plus, VTS’ $100M bet on return-to-office
National /
TRD Staff
Ten months later, the public offering appears to be back on the table.
Bolstered by a housing boom and uptick in construction, Procore filed an updated S-1 registration statement on March 2. In the filing, the company said its revenue grew 38.4 percent last year to $400.3 million.
Its customer base is also on the upswing: Procore had 10,166 customers as of Dec. 31, 2020, up 20 percent from the year prior. ....

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Occupier Raises $5M Seed Round to Bring Commercial Real Estate Online

Occupier Raises $5M Seed Round to Bring Commercial Real Estate Online
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NEW YORK, March 11, 2021 /PRNewswire/
Occupier, a company that helps businesses navigate the complexities of managing a portfolio of real estate leases, and ensure compliance with new accounting standards, has finalized a funding round of $5M. The round is led by Alate Partners and MetaProp, with participation from Second Century Ventures, Thomson Reuters Ventures, and commercial real estate industry leaders across the U.S.
The company, founded in 2018 by VTS and JLL alums Andrew Flint, Matt Giffune, and Erik Pearson, aims to bring much-needed innovation to the lease management, lease accounting, and transaction management space for occupiers of commercial real estate and their tenant representation brokers. At a time when all businesses are being forced to re-evaluate their post-pandemic real estate operations, the company is experiencing rapid growth. ....

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Detroit man helps neighbors clear driveways, sidewalks of snow

With several inches of snow covering all of Detroit, it’s usually the inner city homes where the winter storm aftermath remains. ....

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Nightside Report Feb. 16, 2021: Michigan residents say there are problems with online unemployment system, Detroit man helps neighbors clear driveways, sidewalks of snow

Here are tonight's top stories. ....

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