Top leases
While the metro Detroit office market saw few new office tenants, there were major leases signed in 2010. Here are the top five:
1. Blue Cross Blue Shield of Michigan
Size: 465,000 square feet
Moved to: Renaissance Center, Detroit
Moved from: 26900 through 27300 W. 11 Mile Road, Southfield
Significance: Moving 3,000 jobs out of Southfield and into downtown Detroit is expected to create an economic boost for the city.
2. Quicken Loans Inc.
Size: 244,000 square feet
Moved to: Compuware Building, Detroit
Moved from: 20555 Victor Parkway, Livonia
Significance: Expected to be the first of several moves by Quicken to the city.
3. R.L. Polk
Size: 138,000 square feet
Moved to: Travelers Tower II, Southfield
Moved from: First Center Building, Southfield
Significance: The 340,000-square-foot building has been vacant for two years and now is 40 percent occupied.
4. International Automotive Components
Size: 114,000 square feet
Moved to: 28333 Telegraph Road, Southfield
Moved from: 5300 Auto Club Drive, Dearborn
Significance: The deal puts IAC in its own building and gives new life to the vacant building near I-696 on Telegraph Road.
5. Internal Revenue Service
Size: 81,000 square feet
Moved to: Comerica Tower, Detroit
Moved from: McNamara Federal Building, Detroit
Significance: The deal helped create some positive momentum for the 1 million-square-foot building in Detroit that has lost tenants since 2007. A 10,000-square-foot lease and 25,000-square-foot renewal followed the deal.
