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FIRM Real Estate is a Detroit-based real estate firm with a portfolio of commercial properties concentrated in the Eastern Market area. Their holdings include a mix of occupied commercial buildings, food and retail tenants, and properties positioned for long-term redevelopment.
Parkstone Development Partners has supported FIRM Real Estate since 2019, providing integrated services across pre-development, code consultation, licensing, construction and permitting, and ongoing compliance management.
FIRM Real Estate engaged Parkstone during the pre-development phase to evaluate feasibility for several strategically located parcels along the Dequindre Cut in Eastern Market.
Parkstone mapped applicable approval processes, parking requirements, rezoning strategies, and anticipated timelines to help the client understand regulatory constraints, risks, and opportunities before advancing investment decisions. This early analysis supported informed decision-making and clarified entitlement pathways for future development in a complex and evolving district.
As part of its portfolio management and leasing strategy, FIRM Real Estate supports a diverse mix of food, retail, and creative businesses operating within its buildings. Parkstone assisted multiple tenants with securing required occupancy permits and business licensing, helping ensure businesses could legally open and operate.
Tenant support included licensing and occupancy coordination for businesses such as HandCar, Flowers for Dreams, Jose’s Tacos, Farmer Frank’s, KBD, Kimochi Detroit, La Ventana Café, Supino Pizzeria, Vintage Eastern Market, and Waka by Baobab Fare.
This work reduced administrative burden on both the property owner and tenants while supporting smooth tenant openings and ongoing operations.
In 2023, a fully occupied building at a key intersection in Eastern Market was damaged by fire, requiring full demolition and reconstruction. Restaurant, retail, and office tenants were forced to temporarily close or relocate, creating urgency around approvals, site access, and reconstruction timelines.
Parkstone supported the redevelopment effort by securing demolition and construction permits, coordinating inspections, and providing code consultation throughout the rebuilding process. We also obtained right-of-way permits to accommodate construction vehicles, dumpsters, and scaffolding during active construction.
As the project progressed, Parkstone assisted with permit close-out and occupancy approvals to support the return of tenants, helping the client move efficiently from emergency response to reconstruction and re-occupancy.
As part of its work with FIRM Real Estate, Parkstone also represented the client during the City of Detroit’s rezoning of Eastern Market to the MKT district. Parkstone participated in ordinance review and advocacy efforts that helped preserve viable land uses and support long-term economic development while respecting the historic character of the market.
Parkstone continues to provide ongoing compliance management for FIRM Real Estate’s portfolio of nearly 30 properties. This includes coordinating annual inspections, securing Certificates of Compliance, managing registrations tied to occupancy status, and serving as a consistent point of contact with enforcement agencies.
By proactively managing compliance across a diverse portfolio of occupied and vacant properties, Parkstone helps maintain good standing, reduce enforcement risk, and minimize administrative burden — allowing the client to focus on investment and redevelopment activity.
“Parkstone has been a trusted partner across every phase of our portfolio — from early feasibility through construction and long-term compliance. Their ability to navigate complex city processes and anticipate issues has saved us time, money, and countless headaches.”
— FIRM Real Estate
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Honesty working with Tonja made the process amazing. She got it done and the right way.
– Murillo’s Auto Services
Tonja was fantastic. She could answer all my questions and provided the direction I needed.
– Anthony Whitbeck – Ceres Land Development
I hope Parkstone continues to offer this level of service and maintains an affordable price so that we can utilize it as frequently as needed.
– Jamahl Makled – Clearwater Properties & Development
Parkstone Development Partners has been an indispensable partner as we have moved projects through the city’s land entitlements process.
– Galaan Dafa – Develop Detroit
Express our gratitude to the incredible team responsible for facilitating such effective business connections; their efforts are a testament to the exceptional value of mutual growth. As part of the service, we were able to transform a deteriorating dead-end street into a commercially viable area. The quality of service we experienced surpassed all our expectations—so remarkable that we anticipated a much higher cost, yet it would have still been a worthy investment. Few companies distinguish themselves as Parkstone does, with their unmatched approach to partnerships through SWDBA. Big thanks to Danel, high five!
– Motor City Pallets – Small Business Customer
Tonja was instrumental in guiding us through thorny BZA, Health Department, Fire Department, and general permitting issues. The job would have been significantly delayed without her.
– Tony Barnes – Founders Brewing Company
Your team was great and accessible in terms of walking me through the re-zoning process. Thanks!
– Megan Heeres – Making Paper LLC
Parkstone has been a trusted partner across every phase of our portfolio — from early feasibility through construction and long-term compliance. Their ability to navigate complex city processes and anticipate issues has saved us time, money, and countless headaches.
– FIRM Real Estate
Tonja is fair, honest and worth her price in gold! Keep up the great work!
– Jeremy Sasson – Heirloom Hospitality
PARKSTONE DEVELOPMENT PARTNERS
2930 East Jefferson
Detroit, MI 48207
(313) 329-2655
info@parkstonedevelopment.com
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