Renovations give Southfield Town Center new leases

Renovations give Southfield Town Center new leases

  • 601W Cos. began improvements at Southfield Town Center four years ago
  • $56 million in renovations are about to enter final phase
  • Competing with downtown Detroit for prime tenants

It’s not been an easy road for the New York City owners of the region’s second-largest office complex, the Southfield Town Center.

Four years ago this month, 601W Cos. said it would embark on a $50 million renovation of the 2.2 million-square-foot complex off the Lodge Freeway consisting of five sparkling office buildings the company purchased in 2014 for $177.5 million. Those renovations, now totaling about $56 million including tenant improvements, are about to enter their third and final phase with an upgrade to the sprawling atrium, expected to begin later this year…