Excerpt From: Crain’s Detroit Business
Article by: Sherry Welch
Shinola, the company that Fossil watch founder Tom Kartsotis has based in Detroit to make a new breed of watches, bicycles and other goods, is completing a deal to put a store in Detroit’s Midtown neighborhood.
The company plans to take space in Willys Overland Lofts on West Willis near Cass, a mixed-used development that includes both commercial retail space and condominiums.
The Plymouth-based DeMattia Group, which owns Willys, is lining up financing for the full redevelopment of the commercial retail space, which currently is warehouse space, said Bill Vogel, principal of Third Coast Commercial Real Estate in Royal Oak and Shinola’s broker representative.