Lormax Stern Development Co., based in W. Bloomfield and Farmington
Hills-based Grand Sakwa Properties, Inc. joined to form the Equity
Alliance Fund. The team is investing $400 million in retail centers
across the country, including Benton Corner in Northville Twp.
Excerpt:
Construction has already begun on Benton Corner and will include a CVS
drug store, a Huntington Bank, a grocery store, a restaurant and small
retail outlets.
The 65,000-square-foot shopping center is scheduled for completion in 2008.
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