Downtown East Lansing To live in East Lansing is much like having the best of two worlds. It offers small-town ambience to families that desire a wholesome, quality community in which to raise a family, while also offering a cosmopolitan sophistication to those seeking nightlife, great shopping, and more. City facts: City population: nearly 49,000 residents Median family income is around $80,000 East Lansing is the proud home of Michigan State University, which has almost 49,000 students and more than 11,000 faculty and staff Average age in East Lansing is 21.6 years Approximately 70% of East Lansing s population 25 years and older has a Bachelor s degree or higher Downtown festivals attract 150,000 + visitors Downtown East Lansing is vibrant, diverse and charming. With its eclectic mix of restaurants, retail, art galleries, and entertainment venues, downtown East Lansing has an atmosphere that is upbeat and relaxed. Downtown East Lansing is located right across the street from Michigan State University s campus and surrounded by diverse neighborhoods, all within walking distance. With convenient parking and bus stops, and a wide array of high-tech, legal, and other services, downtown businesses are thriving. The MSU Innovation Center and Jackson National Life Insurance Company represent new anchor office tenants in the downtown. Many exciting events take place in downtown East Lansing from the successful East Lansing Art Festival to the Great Lakes Folk Festival. The Eli and Edythe Broad Art Museum, designed by worldrenowned, Pritzker Prize winning architect, Zaha Hadid, became quickly a major attraction since opening in the fall of 2012. For more information, check out www.cityofeastlansing.com/downtown For economic development resources, visit http://www.cityofeastlasing.com/development
200 Block, Grand River Avenue 201.5 E. Grand River Avenue Downtown East Lansing, across from the MSU campus POTENTIAL FOOTPRINT: 967 SF Office $12.6/SF/year There are four office suites available for lease on the second floor of this mixed-use building. The building is located directly across from Michigan State University. Suite # 8/17 (251 SF) - $12/SF/year ($250/month) Suite # 9/11 (251 SF) - $12/SF/year ($250/month) Suite #12/14 (251 SF) - $12/SF/year ($250/month) Suite #16 (214 SF) - $12.6/SF/year ($225/month) Brad Ballein Ballein Management Phone: (517) 290-4866 (Cell) brad@sbsmsu.com City of East Lansing Planning, Building and Development, July 14, 2014 2
200 Block, Grand River Avenue 225 E. Grand River Avenue Downtown East Lansing, across from the MSU campus POTENTIAL FOOTPRINT: 1,224 SF Retail $18/SF/year The retail space is located directly across from Michigan State University. The Lot 1 surface parking lot is located behind the building. Potbelly s, Urban Outfitters, and Noodles & Company are among the popular businesses in the 200 block of E. Grand River Avenue. The former home of Kirabo, this 1,224 square foot retail space includes a full basement with dry storage. Brian Holland DTN Management Phone: (888) 207-6112 http://commercial.dtnmgt.com/index.php City of East Lansing Planning, Building and Development, July 14, 2014 3
POTENTIAL FOOTPRINT: City Center I 333 E. Grand River Avenue Downtown East Lansing, across from the MSU campus 4,200 SF Office NA The building is highly visible with its location in downtown East Lansing directly across from Michigan State University. It is in the core of downtown East Lansing with access to an attached parking structure and many downtown amenities. The East Lansing Technology Innovation Center and the MSU Innovation Center are among the businesses located on the third floor. Prima Civitas is located on the second floor. Jackson National Life Insurance Company opened a new office facility on the first floor. Currently 4,200 SF is available on the second floor. Contact : Joe Hooker City Center Partners II LLC The Christman Company 208 N. Capitol Avenue, Lansing, Michigan 48933 Phone: (616) 893-6964 joe.hooker@christmanco.com City of East Lansing Planning, Building and Development, July 14, 2014 4
500 Block, Grand River Avenue 503 E. Grand River Avenue Downtown, across from the MSU campus POTENTIAL FOOTPRINT: 3,444 SF Retail, Office NA The building includes a basement space, which is available for lease. The space is located across from the Michigan State University campus and next to Campus Corner and Bruegger s. Phone: (517) 332-7072 City of East Lansing Planning, Building and Development, July 14, 2014 5
500 Block, Grand River Avenue 507 E. Grand River Avenue Downtown, across from the MSU campus POTENTIAL FOOTPRINT: 2,400 SF Retail, restaurant, office $18/SF/ year The first floor space, currently used for retail, is available. It could also be used as an office or restaurant. This mixed-use building is located across from the Michigan State University campus and the Eli and Edythe Broad Art Museum. David Ledebuhr Musselman Realty Company 322 Abbott Rd East Lansing MI 48823, Phone: (517) 332-3582 davel@lansing-realestate.com http://www.musselmanrealty.net/ City of East Lansing Planning, Building and Development, July 14, 2014 6
500 Block, Grand River Avenue 507 ½ E. Grand River Avenue Downtown, across from the MSU campus POTENTIAL FOOTPRINT: 3,000 SF Office $10/SF/ year Affordable office space is available on the second floor. The space is located across from the Michigan State University campus. Willing to split. All costs and utilities included for "gross lease." The building is located directly across from the Eli and Edythe Broad Art Museum. David Ledebuhr Musselman Realty Company 322 Abbott Rd East Lansing MI 48823, Phone: (517) 332-3582 davel@lansing-realestate.com http://www.musselmanrealty.net/ City of East Lansing Planning, Building and Development, July 14, 2014 7
POTENTIAL FOOTPRINT: Campus Town Mall 541 E. Grand River Avenue Downtown, across from the MSU campus 1,050 SF Office $14/SF/year The building is located in the heart of downtown East Lansing and right across from Michigan State University and the Eli and Edythe Broad Art Museum. There is easy access to a parking lot behind the building and many downtown amenities. One space of 1,050 SF is currently available. Rent is $14/SF/year and includes utilities, taxes, and building insurance. This is a ready to move-in retail/ commercial or office space. It can be reconfigured to tenants needs. The building is barrier-free wheelchair accessible with elevator. List Allen Kost CBRE Phone: (517) 319-9252 http://www.cbre.us/o/lansing/pages/home.aspx City of East Lansing Planning, Building and Development, July 14, 2014 8
POTENTIAL FOOTPRINT: Ann Street Plaza 231 M.A.C. Avenue Downtown, Ann St. Plaza Close to MSU 5,000 SF Office $10/SF/year The building is located in Ann Street Plaza, across from the Marriott Hotel and a block north of the Michigan State University campus. Over 5,000 SF of office space are available on the second floor. The office space is in move-in condition. David Ledebuhr Musselman Realty Company 322 Abbott Rd East Lansing MI 48823 Phone: (517) 332-3582 davel@lansing-realestate.com http://www.musselmanrealty.net/ City of East Lansing Planning, Building and Development, July 14, 2014 9
POTENTIAL FOOTPRINT: Ann Street Plaza 301 M.A.C. Avenue Downtown, Ann St Plaza 5,796 SF Retail, Office $9 $21/SF /year 301 M.A.C. is a mixed-use building with street retail in the heart of East Lansing's downtown business district. The building is located right across from the Marriott Hotel and in walking distance to the Michigan State University campus, local restaurants, shopping, and local amenities. Currently, there are 6 spaces available. Lease Term: 36 Months. Space 101/LL: 250 SF (Rental Rate: $275 PSF (Monthly) (Fixed Lease) Space 103/LL: 1,184 SF (Rental Rate: $9/SF/year) (Modified gross) Space 104: 900 SF (Rental Rate: $9/SF/year) (Modified gross) Space 105/LL: 1,332 SF (Rental Rate: $9/SF/year) (Modified gross) Space 106: 1,300 SF (Rental Rate: $9/SF/year) (Modified gross) Coleen Karakitsos Vlahakis Companies Inc. Phone: (517) 927-9702 [Cell], 517-381-4900 [Office] http://vlahakis.com/ chkarr@aol.com City of East Lansing Planning, Building and Development, July 14, 2014 10
POTENTIAL FOOTPRINT: University Place 333 Albert Street Downtown, Marriott Hotel, Ann St Plaza 10,088 SF Office, Retail $19.50/SF/year Built in 1987, University Place is a multi-use development, with six floors of retail and office space, the Marriott Hotel, a restaurant, conference facilities, and underground parking. The building is located in the heart of downtown East Lansing and one block from Michigan State University. There are 8 spaces available. Rental Rate is $19.50/SF/year, Full Service, with a minimum 3-year term. Build out is negotiable. Space 212-1,350 SF Space 214-3,253 SF Space 350-230 SF Space 390-1,157 SF Space 440-243 SF Space 450-3,559 SF ATM - 200 SF Lobby - 96 SF Eric Rosekrans CBRE Phone: (517) 319-9209 http://www.cbre.us/o/lansing/pages/home.aspx City of East Lansing Planning, Building and Development, July 14, 2014 11
Interested persons should contact: Heather Pope Community Development Analyst The City of East Lansing Planning, Building and Development (517) 319 6930 hpope@cityofeastlansing.com For more information about economic development in East Lansing visit www.cityofeastlansing.com/development City of East Lansing Planning, Building and Development, July 14, 2014 12