Northland Towers Office Plaza | Redevelopment Opportunity | Detroit MSA

Description:

Ri Marketplace Online Auction September 8th - 10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2507/northland-towers-office-plaza-redevelopment-opportunity-detroit-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=office_2507

Marcus & Millichap and RI Marketplace are pleased to present the Northland Towers properties in Southfield, Michigan. This offering provides investors with a unique opportunity to acquire a significant redevelopment project with substantial financial upside potential. The Northland Towers property comprises four office buildings located at 15565 East and West Northland Drive and 20755 and 20905 Greenfield Road, spanning 13.78 acres.

Originally constructed between 1963 and 1968, these structures have served their purpose well but now present an ideal redevelopment opportunity due to changing market conditions and demographic shifts. The property boasts excellent visibility from three primary surface streets and an active freeway, enhancing its appeal. Adjacent to the closed Northland Mall, which is undergoing a major redevelopment, the site is poised to benefit from the area's transformation.

The City of Southfield has commissioned a comprehensive redevelopment plan by OHM, a prominent architectural, engineering, and planning firm. This plan envisions the Northland Towers site as an integral part of a broader master plan, allowing for flexible uses such as medical, office, residential, and retail. The existing seven-story medical building at 20905 Greenfield Road is expected to remain viable, while the surrounding land offers significant redevelopment potential.

Located in the heart of Southfield, a premier business hub in Michigan, the property is easily accessible via major highways and benefits from substantial daily traffic flow. Southfield is home to numerous Fortune 500 companies and extensive office space, making it an attractive location for various commercial uses. The Northland Towers property is being offered on an unpriced basis, allowing investors to fully assess this outstanding acquisition and redevelopment opportunity.


Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915

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