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Real Estate Insider: A spec Bloomfield Hills office building? In this economy?

Developer says target rents are $35 per square foot, including parking and utilities Building to have 75,000 square feet at Long Lake Road and Woodward Avenue Young & Young Architects A rendering of the 75,000-square-foot speculative office building underway in Bloomfield Hills at Long Lake Road and Woodward Avenue. This isn t the building-boom time of the 1980s, when the suburban office market was arguably overbuilt with fresh new product, creating the Southfields and Troys and Farmington Hillses that we know today. This is 2020, good riddance. The year in which our collective engine of personal and economic despair has been running nonstop, without a modicum of mercy.

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