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Posts tagged "redevelopment"

New owners of commercial real estate obtains help from city

When a company purchases a large piece of commercial property, it has to conform to the rules and regulations of the city government. However, many times the city government will also proactively help the new owner of commercial real estate make the transition, since it will help stimulate the local economy. This may be what is happening with the new owners of property in Michigan which was purchased from Ford Motor Co.

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