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News & Press: Member News

City of Lansing retains CBRE | Martin to sell City Hall

Tuesday, June 13, 2017  
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The City of Lansing selected CBRE|Martin as the exclusive agent to procure a developer for the sale of Lansing’s City Hall located at 124 W. Michigan Avenue.

CBRE Inc. is the global leader for commercial real estate with a worldwide platform, unmatched expertise and market knowledge. CBRE|Martin, Mid-Michigan’s affiliate office, led by Van W. Martin, Chairman & CEO, will be marketing the opportunity for redevelopment.

“Both the City of Lansing and my administrative staff recognize the tremendous value of redeveloping this property. Redevelopment is the best option for the City financially and for the overall betterment of the community. Our goal is to attract qualified developers with the vision, experience, capacity, financial qualifications and passion to build a significant mixed-use high-rise building that could include a variety of commercial, retail, entertainment, hotel or high-density residential concepts with unmatched views of the State Capitol.”
– Mayor, Virg Bernero

“CBRE|Martin is excited to be a part of the continued catalyst and revitalization of Downtown Lansing. Through our vast experience of 55 years in commercial real estate we have been able to serve the Greater Lansing Area with our knowledge and expertise. CBRE|Martin, as a part of the world’s leading real estate platform, is the most qualified and experienced team to lead the search for a developer for the City of Lansing.”
– Van W. Martin, Chairman & CEO of CBRE|Martin

The City of Lansing plans to relocate City Hall, prior to the redevelopment of the current site. Although potential locations have been identified, no decision has been finalized. Therefore, the City of Lansing is willing to entertain proposals that include solutions for the construction of the new City Hall.

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