Detroit Landlord Wants to Sell Dozens of Commercial Sites

Harvard Square Centre

Detroit landlord Dennis Kefallinos is putting his nonresidential properties in Detroit and Hamtramck on the market.  

Kirk Pinho of Crain's Detroit Business obtained an offering memorandum showing dozens of properties in Detroit and Hamtramck being listed, including the Harvard Square Centre high-rise, Michigan Theater Building and 28 others. 

"The offering memorandum speaks for itself,"  Tom Arbaugh, the Bancroft Partners representative listed on the offering memorandum tells Crain's. "We are letting the market know the extent of the industrial and commercial properties in the Kefallinos portfolio.