Lansing’s Logan Square Has New Owners

The Logan Square shopping center has been around for quite some time now and apparently has new owners.

Logan capital, LLC, a real estate investment group from California, purchased the property in late 2018.

They felt it had strong potential with the amount of vacancy.  They plan to repurpose and enhance the property.

According to the Lansing State Journal, Logan Square is about 28 percent occupied.  Tenants include a Dollar Tree, Great Giant Supermarket, Subway, H&R Block and hair and nail salons.

The property at the northwest corner of Martin Luther King Jr. Boulevard and Holmes Road, is about 277,082 square feet.

Year ago, I would shop at the Logan center shopping center for all kinds of necessities.  So this is definitely going to be a good thing for the Lansing area.

The property was initially known as Logan Center when it was built in 1962.  Logan Square is comprised of two single-story buildings with 56 retail units and one outlet.  To learn more about the Logan Square shopping center, please click on the above link.