DETROIT, April 24 — Michigan’s largest commercial landlord is offering free space as an incentive to attract business into the economically challenged state.
The landlord, the Farbman Group, which operates 20 million square feet of office space and other real estate in Michigan, plans to announce on Wednesday a program called Michigan Now that will subsidize office and industrial space for start-up companies and companies new to the state.
Farbman, based in Southfield, Mich., intends to accept applications for the program through June 30 and begin placing companies in available space by fall.
What a great way to reduce some of the risk of starting a business or maybe grow your consultancy. Other options include renting space in incubators like Tech Town in New Center.