Oakland Mall Troy, Michigan

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OAKLAND MALL TROY, MICHIGAN

RETAIL PROPERTIES, LLC

RETAIL PROPERTIES, LLC OVERVIEW n Oakland Mall is a 1.5 million square foot super regional shopping center located in the Detroit Metropolitan area of Michigan, serving approximately 650,000 people with an average income of about $70,101.

n Oakland Mall’s family friendly atmosphere, selection of stores, with great access and visibility from major thoroughfares Interstate 75, 14 Mile Road, and John R Highway make it a top destination.

n Oakland Mall’s central location in the Tri-County shopping district continue to make it a powerful retail destination today and into the future.

n Anchored by Macy’s, Sears and JCPenney, Oakland Mall includes more than 128 specialty stores.

n Oakland Mall has a variety of exciting stores including Aeropostale, Express/Express Men, Victoria’s Secret, Forever 21, Bath & Body Works, and The Children’s Place.

n The Detroit Metropolitan area is home to six communi- ty colleges plus Oakland University and Wayne State Uni- versity as well as campuses for the University of Michigan, Michigan State, Central Michigan, Western Michigan, and Eastern Michigan Universities. Within the market trade area enrollment for the universities is estimated at 100,000 students in the fall of 2011 and those universities have a total combined annual operating budget in excess of $1.4 billion.

n Oakland Mall as a total retail complex exceeds $300 million in annual sales. In addition, the department stores are very strong in their respective districts: Sears is #1 out of 11, Macy’s is #3 out of 18, and JCPenney is #3 out of 18.

n Oakland Mall’s trade area represents 66% of the shoppers and serves 30% of the total 3.86 million tri-county residents.

PROPERTY INFORMATION & TRAFFIC COUNTS

145,000 26,156

38,858 37,940 48,198 48,613

LOCATION REGIONAL ACCESS DESCRIPTION 412 W. 14 Mile Road I-75 and 14 Mile Road Super Regional Shopping Center Troy, Michigan John R and 14 Mile Road www.oaklandmall.com TRAFFIC PATTERN MAJOR STORES TOTAL RETAIL SQ. FT. 344,765 daily vehicles* Macy’s, Sears, JCPenney 1,500,000

PARKING: 8,500 Spaces OPENED: 1968 NUMBER OF STORES: 128

AERIAL VIEW COMPETITION PROFILE 7.5 Mile Radius Median Average Population Household Center Income Income Population Projection Households Projection Fairlane Town Center $48,373 $39,017 779,408 732,479 283,651 265,533 Great Lakes Crossing $78,693 $60,683 276,082 275,526 106,876 107,474 Lakeside Mall $70,854 $60,021 494,682 505,868 194,266 200,243 Laurel Park Place $80,712 $63,631 425,471 408,629 169,992 163,350 Macomb Mall $58,162 $48,631 519,011 513,927 218,729 219,354 Oakland Mall $70,101 $55,083 648,817 638,724 268,061 266,573 Somerset Collection $85,012 $63,982 506,613 499,369 210,972 209,833 Village of Rochester Hills $88,940 $67,176 295,833 298,747 111,634 113,542

Great Lakes Crossing The Village of Rochester Hills

Lakeside The Mall at Mall Partridge Creek

The Somerset Collection

Oakland Mall Macomb Mall

Twelve Oaks Mall

Laurel Park Place

Fairlane Town Center MARKET TRADE AREA

POPULATION HOUSEHOLD INCOME 2011 Estimate: 648,817 $70,101 Average Income 70% Income over $35,000

POPULATION AGE TOTAL HOUSEHOLDS 30% Age under 25 42% Age 25-54 268,061 28% Age 55+ Median Age: 40.0

*According to the CQ Press, Troy has the lowest crime rate ranking in Michigan for cities with a population of 75,000 or more

BUSINESS PROFESSIONAL EMPLOYMENT CATEGORIES: Professional 35% Administrative Support 15% Services 12% Mgmt/Business 10% Transportation 5% Sales 12% Other 3% Production 8%

White Collar 67% Blue Collar 17% DAYTIME POPULATIONS

In Oakland Mall’s primary trade area there are 28,925 businesses with 351,063 employees. Employee to residential population ratio is 53%. Oakland Mall’s daytime population is 69,586 the highest population counts of any mall in the Detroit DMA within 5 miles.

There are over 49 hotels within Oakland Mall’s primary trade area providing 5,252 rooms. LARGEST PRIVATE EMPLOYERS IN METRO DETROIT Ford Motor Company 38,000 Automotive University of Michigan 27,754 Public University/Health Care General Motors 24,867 Automotive Chrysler 21,927 Automotive Henry Ford Health System 19,951 Health Care Trinity Health 13,122 Health Care

LARGEST PUBLIC EMPLOYERS IN METRO DETROIT US Government 18,900 Federal Government Detroit Public Schools 13,039 Public School System City of Detroit 11,396 City Government US Postal Service 11,110 Postal Service ALDS GAME 3: DETROIT VS. OAKLAND, 9:07 TONIGHT, TBS CLOSING THE DEAL TIGERS LOOK FOR SWEEP AGAINST STEWING ATHLETICS SPORTS, 1B

ON GUARD FOR 181 YEARS

Tuesday 10.9.2012 www.freep.com N New presidential poll BOARD HAS DIRE AFTER DEBATE, WARNING FOR BING Advisers say mayor ROMNEY SURGES Barack Obama Mitt Romney MEGHA SATYANARAYANA/DFP acting too slowly as HAY PRICES time, money run out % % By Matt Helms 48 45 Free Press Staff Writer More horses IN MICHIGAN Breakdown of results, 5A The City of Detroit is going to be broke in a few months unless going hungry Mayor Dave Bing moves faster and more aggressively to re- in Michigan structure city services, the joint city-state financial advisory METRO, 3A board warned Monday. Expressing frustration at the slow pace of reform, the board said that six months into state TOM WALSH oversight, too many measures meant to stave off bankruptcy Quicken Loans are moving too slowly, including restructuring the police and fire departments and the bus sees explosive system, improving tax collec- tions and saving money with pay growth in 2012 cuts and reductions in health BUSINESS, 1C care and retiree benefits. “At the present pace, I think the city is going to run out of money” before it can implement MEDICINE changes needed to avoid even worse financial trouble, board member Ken Whipple, a former Scientists win CEO of Consumers Energy, told members of Bing’s administra- Nobel Prize for tion at the financial board’s ALDS GAME 3: DETROIT VS. OAKLAND, monthly meeting at Wayne stem cell 9:07 TONIGHT, TBS CONOMYState University. E Whipple said he recently ob- breakthrough served operations at the city’s bus system and public lighting NATION+WORLD, 6A department and saw “pockets of KATHLEEN GALLIGAN/DETROIT FREE PRESS brilliance in a sea of disastrous OAKLANDFrom UNIVERSITY JanuaryCLOSING RALLY: Kid Rock introduces to December Republican vice presidential nominee 2011 Paul Ryan the to cheers Mondaynumber night. ofwork employed practices.” Oakland County Kid Rock introduced Ryan as “a fellow hunter, a fellow fan of rock ‘n’ roll, a great Midwesterner.” SEE STORY, 5A Board members, including TECH TUESDAY Chairwoman Sandra Pierce, told the city’s Program Manage- What gaming residents increased by 12,268 the largest increasement among Director William (Kriss)all of Michigan’s counties. State battleground again as challenger sways undecided voters Andrews, Bing’s Chief Finan- By Paul Egan THEport Obama,DEAL and 45% would support Rom- shrunk from 16% to 7%. cial Officer Jack Martin and console is best TIGERS LOOK FOR SWEEP AGAINST Free PressSource: Lansing Bureau US. Deartmentney, according to the poll of 600 likelyCommerce, vot- “Romney has comeBureau back like gangbust- of LaborChief Operations Statistics Officer Chris choice for you? STEWINGers conducted ATHLETICS by EPIC-MRA of Lansing. ers,” said EPIC-MRA President Bernie Brown that they’re seeing too LANSING — Republican presidential LastSPORTS, month, 1B before the Oct. 3 debate in Porn. “Whether or not it’s long-lasting, on- few signs of progress in revers- LIFE, 1D nominee Mitt Romney’s performance in Colorado, Obama led Romney, 47%-37%, ly time will tell, but probably the remain- ing Detroit’s $200-million annu- his first debate with President Barack in a poll by the same firm. That poll and ing debates will be key.” al deficit. She said the lack of Obama helpedON him trim GUARD Obama’s lead in FORothers appeared 181 to put YEARS Michigan out of The results mirror national polls and progress is putting the city at Michigan by seven percentage points and reach for Romney, a native son. those in swing states done since the risk of having negative cash put the state back in play, according to a Now, Obama’s lead is within the poll’s Wednesday debate that show the race flow by year’s end. 64 46 poll released Monday to the Free Press. margin of error of plus or minus 4 per- tightening. Whipple suggested the ad- High Low About 48% of likely voters would sup- centage points. The undecided vote has See POLL, PAGE 5A ministration consider fast-track hiring of an outside turnaround NICE, SUNNY BUT See DETROIT, PAGE 2A A LITTLE BREEZY Tuesday 10.9.2012 www.freep.com N Expect showers Wednesday. FORECAST, 2A 1,500 new jobs at GM: Here’s Next Detroit police chief candidates INDEX BOARD Bridge ...... 4D Horoscope...2D New presidential poll Business...... 1C Life...... 1D what automaker is looking for will be asked about relationships Classified.....3C Lottery...... 2A maker into a recruiting thicket HAS DIRE Comics ...... 6D Metro...... 3A High-tech positions crammed with the world’s most Sex scandal forces NANCY KAFFER: Corrections..2A Movies ...... 3D innovative high-tech companies Scandal dashes Deaths...... 7A Puzzles ....4-5D AFTERmay be tough to DEBATE, fill — all competing to hire a limited GodbeeWARNING to retire hopes for Editorials .....9A Sports ...... 1B By Nathan Bomey number of software engineers By Gina Damron, police reforms WWW.FREEP.COM SUNDAY, MARCH 18,2012 Vol. 182, Number 158 Freex Press Business Writer coming out of college or mid-ca- Tresa Baldas, Matt Helms PAGE 9A x © 2012 Detroit Free Press Inc., Printed in the U.S. B reer retraining programs. CHRYSLER andFOR Elisha Anderson BING You don’t have to be a car In a competition with compa- PHELAN:Eminem, the starFiat of 2011may ad. growFreeAdvisers PressAmerican Staff Writers say mayorlineup toRobinson3. 2B alleged she had a ROMNEYjunkie to get a job at General SURGESnies such as Amazon, FacebookBarack Obama Mitt Romney months-long relationship with MEGHA SATYANARAYANA/DFP Motors’ new software innova- and General Electric, GM will actingCandidates too for slowly Detroit’s as next the chief. It was the second time tion center in Warren, but you fight for recent college gradu- BusinessGROWING: Firm’s technologypolice chief willgets be askednoticed. a Godbee3B> was accused of having HAY PRICES might have to be a coding guru ates and experienced software touchytime, question money during run out the se- an affair with a subordinate dur- $1.00 THE UNTOLD STORY — and software experts are in professionals with an eye to- % % lectionBy Matt process: Helms Have you ever ing his two years as chief. 48 45 Free Press Staff Writer More horses INshort supply. MICHIGANward reducing its digital bu- HowBreakdownCAIN: Eminem’s of results,Patterson 5A hadhelps an intimatehard-luck relationshiphound.His predecessor,3B Warren Ev- GM313 announced-222-6610 [email protected] Monday that reaucracy. with aThe subordinate? City of Detroit is going to ans, was forced to resign, in it plans to add 1,500 software de- The new hires will work to beThe broke questioning in a few months is designedunless part, because of his relationship 50% OFFgoing hungry BUSINESS Super Bowl ad velopment and data manage- radically simplify, combine◆ and to avoidMayor Dave a sex Bing scandal moves faster like the with the same lieutenant God- A POP ROCK came together and more aggressively to re- MANI/PEDIin Michigan AT SHE ment jobs at its Warren Tech improve the automaker’s nu- onestructure that forced city services, Detroit the joint Police bee had been involved with be- SALON & BOUTIQUE Center as part of its effort to in- merous software applications at the last Chiefcity-state Ralph financial Godbee advisory Jr. to im- fore being appointed. Carat comes to Detroit board warned Monday. IN SOUTHFIELDMETRO, 3A source 90% of its IT work. mediately retire Monday, a The Rev. Jerome Warfield, See GM, PAGE 2A minute PAGE 1C Expressing frustration at the DETAILS, 2A The move catapults the auto- weekslow afterpace of reform,Officer the Angelica board See CHIEF, PAGE 4A said that six months into state TOM WALSH TOM WALSH FINDS oversight, too many measures meant to stave off bankruptcy Quicken Loans SIMILARITIES WITH DETROIT’S are moving too slowly, includ- CURRENT FISCAL SITUATION ing restructuring the police and fire departments and the bus sees explosive system, improving tax collec- tions and saving money with pay growth in 2012 Benton Harbor cuts and reductions in health BUSINESS, 1C care and retiree benefits. “At the present pace, I think progress seen the city is going to run out of ne week from today, Benton money” before it can implement MEDICINE OHarbor will celebrate the sec- changes needed to avoid even RICHARD DREW/ASSOCIATED PRESS ond anniversary of Gov. Jennifer worse financial trouble, board Greg Smith, an executive direc- Granholm’s decision to put an emer- member Ken Whipple, a former tor at Goldman Sachs, resigned Scientists win CEO of Consumers Energy, told gency manager in control of that with a blistering editorial in the members of Bing’s administra- struggling city’s finances. Nobel Prize for tion at the financial board’s New York Times. OK, maybe “celebrate” isn’t monthly meeting at Wayne stem cell exactly the right word. State University. The autocratic rule of Joe Har- Whipple said he recently ob- breakthrough ris, Benton Harbor’s manager, has served operations at the city’s drawn howls of protest from local bus system and public lighting Goldman NATION+WORLD, 6A elected officials whose own powers department and saw “pockets of were diminished, and sharp crit- KATHLEEN GALLIGAN/DETROIT FREE PRESS brilliance in a sea of disastrous OAKLANDicism from UNIVERSITYthe NAACP RALLY:and evenKid Rock introduces Republican vice presidential nominee Paul Ryan to cheers Monday night. work practices.” TECH TUESDAY KidMSNBC Rock introducedhost Rachel Ryan asMaddow. “a fellowWhile hunter, a fellow fan of rock ‘n’ roll, a great Midwesterner.” SEE STORY, 5A Board members, including under the budget deficit has shrunk from Chairwoman Sandra Pierce, around $2.5 million when Harris told the city’s Program Manage- What gaming ment Director William (Kriss) Statearrived to battleground$650,000 today, Benton again as challenger sways undecided voters Andrews, Bing’s Chief Finan- Harbor remains in the red. console is best By Paul Egan port Obama, and 45% would support Rom- shrunk from 16% to 7%. cial Officer Jack Martin and scrutiny Free PressStill, Lansingthings Bureauare improving, says ney, according to the poll of 600 likely vot- “Romney has come back like gangbust- Chief Operations Officer Chris choice for you? Jeff Fettig, CEO of Benton Harbor’s ers conducted by EPIC-MRA of Lansing. ers,” said EPIC-MRA President Bernie Brown that they’re seeing too LANSINGlargest taxpayer — Republicanand corporate presidential Last month, before the Oct. 3 debate in Porn. “Whether or not it’s long-lasting, on- few signs of progress in revers- Past questions LIFE, 1D nomineecitizen, Mittglobal Romney’sappliance performancemaker in Colorado, Obama led Romney, 47%-37%, ly time will tell, but probably the remain- ing Detroit’s $200-million annu- hisWhirlpool. first debate with President Barack in a poll by the same firm. That poll and ing debates will be key.” al deficit. She said the lack of about bank revisited Obama“Our helpedview himis trimthat it’s Obama’sworking lead in others appeared to put Michigan out of The results mirror national polls and progress is putting the city at By Daniel Wagner Michiganand a lot byof sevenprogress percentagehas been points and reach for Romney, a native son. those in swing states done since the risk of having negative cash and Christina Rexrode putmade,” the stateFettig backtold in play,me Thursday accordingin to a Now, Obama’s lead is within the poll’s Wednesday debate that show the race flow by year’s end. Associated Press 64 46 poll released MondayDetroit. to the Free Press. margin of error of plus or minus 4 per- tightening. Whipple suggested the ad- High Low About 48% of likelyWhat votersadvice, wouldI sup- centage points. The undecided vote has See POLL, PAGE 5A ministration consider fast-track hiring of an outside turnaround The young banker whose asked Fettig, might PHOTOSSee DETROIT,BY WILLIAMPAGEARCHIE/DETROIT 2A FREE PRESS dramatic public resignation NICE, SUNNY BUT he have for Detroit as John Strika, left, helps Samara Bradley move her desk to her new location at Carat, GM’s new global media-buying company, in stung Goldman Sachs last week A LITTLE BREEZY Mayor Dave Bing joins officials from every cor- Expect showers Wednesday. Detroit on Friday. Carat is opening a new office in downtown Detroit. FORECAST, 2A and Gov. Rick Snyder ner of the government in ques- 1,500 newwrangle jobsover athow GM:to Here’s Next Detroit police chief candidates tioning whether the august in- INDEX avert the impending vestment house deals honestly Bridge ...... 4D Horoscope...2D financial collapse of with its clients. Business...... 1C Life...... 1D will be asked about relationships whatJeff automakerMichigan’s largest is looking for In separate cases, judges, Classified.....3C Lottery...... 2A city? maker into a recruiting thicket Comics ...... 6D Metro...... 3A High-techFettig positions Sex scandal forces lawmakers and regulators have “Obviously,crammedit’s a with the world’s most NANCY KAFFER: suggested the bank ignores con- Corrections..2A Movies ...... 3D Scandal dashes different scale,”innovative high-tech companies flicts of interest and sells to its Deaths...... 7A Puzzles ....4-5D may be tough to fill — all competing to hire a limited Godbee to retire hopes for Fettig noted — Benton Harbor’s Editorials .....9A Sports ...... 1B By Nathan Bomey number of software engineers By Gina Damron, police reforms clients investments it knows are population of 10,000 is about 1/70th GM’s media-buying firmPAGE 9A weak, all in the pursuit of profit. Vol. 182, Number 158 Free Press Business Writer coming out of college or mid-ca- Tresa Baldas, Matt Helms TV LEGEND DIES AT 82 DETROIT 4, K.C. 3 © 2012 Detroit Free Press Inc., Printed in the U.S. that of Detroit’s — “but ourreerview retrainingis programs. CHRYSLER and Elisha Anderson The resignation Wednesday Youthat don’teverybody have tohas be ato carbe account-In a competition with compa- Eminem, the star of 2011 ad. Free Press Staff Writers Robinson alleged she had a by Greg Smith, a 33-year-old junkieable.” to get a job at General nies such as Amazon, Facebook months-long relationship with banker for Goldman in London, Cabrera, Fielder Motors’ new“In the softwarecase of innova-Benton Harbor,and General Electric, GM will Candidates for Detroit’s next the chief. It was the second time CLARKwas a shot fromCARRIEDwithin Gold- MOTOWN tion centerthe city inhad Warren,reached buta youpointfightwhere forit recent college gradu- Business police chief will be asked a Godbee was accused of having man’s ranks. mightfundamentally have to be a codingran out guruof money,”ates and experienced software touchy question during the se- an affair with a subordinate dur- $1.00 THE UNTOLD STORY In an Op-Ed article for the — andhe softwaresaid, leading expertsto appointment are in professionalsof a with an eye to- lection process: Have you ever ing his two years as chief. New York Times, Smith said the finish up sweep short supply.manager. ward reducingto its digital bu-bringHow Eminem’s 200had an intimate relationshipjobsHis predecessor,to Warren Ev-cityTO bankNATION’Ssells financial products LIVING ROOMS GM announcedJust as Benton MondayHarbor that ranreaucracy.out of with a subordinate? ans, was forced to resign, in “that we are trying to get rid of.” it plans to add 1,500 software de- The new hires will work to Super Bowl ad The questioning is designed part, because of his relationship DETROIT MUSIC ICONS REMEMBER ‘BANDSTAND,’ NEW YEAR’S EVE STAR. 5A 50% OFF cash in March 2010, Detroit stands “It makes me ill how callous- of Royals SPORTS,1C A POP ROCK velopment and data manage- radically simplify,AGENCY combine and TO BE ‘PART OF toTHE avoid aFABRIC’ sex scandal likeOF the withDOWNTOWN the same lieutenant God-DETROIT ment jobson the atbrink its Warrenof the same Techdebacle,improve the automaker’s nu- came together one that forced Detroit Police bee had been involved with be- ly people talk about ripping MANI/PEDI AT SHE for the same reasons. Center as part of its effort to in- merous softwareBy applicationsZlati Meyer at the last Chief Ralph Godbee Jr. to im- fore being appointed. their clients off,” Smith wrote. SALON & BOUTIQUE “We had a period of time where The essay was widely circu-ON GUARD FOR 180YEARS IN SOUTHFIELD source 90% of its IT work. Free Press Business Writer mediately retire Monday, a The Rev. Jerome Warfield, See GM, PAGE 2A PAGE 1C DETAILS, 2A Thepast moveofficials catapultsdid thenot auto-fiscally man- minute week after Officer Angelica See CHIEF, PAGE 4A lated online, and Smith became age in a responsible way. And that eneral Motors’ new media-buying compa- atrending topic on Twitter. But led to a very bad outcome which had his charges were only the latest to be fixed,” Fettig said of Benton ny is expected to bring an estimated 200 embarrassment for Goldman, Harbor. Ditto for today’s Detroit. new jobs to downtown Detroit. which has built a sterling repu- Just as Granholm, as the state’s Carat, which is owned by the London- tation over 143 years on Wall CEO, had to step up when Benton Street. Thursday 4.19.2012 www.freep.com ◆◆ Harbor went bust — to ensure deliv- headquartered Aegis Group, is opening The bank paid $550 million in ery of basic services to people — an office on the 23rd floor of One Detroit 2010 to settle civil charges that it Snyder is duty-bound to do the same Center. misled investors while selling in Detroit. If anything, the urgency them investments in the U.S. Michigan rebound for Snyder is even greater, because When the automaker was looking for a firm to Metro housing market as the bubble of the damage that a Detroit default burstTHE— even asBATTLEGoldman FOR DOLLARS Ghandle its global media-buying, it wanted an agency FATAL ATTACK ON FAMILY and bankruptcy could do to credit reaped hundreds of millions in ratings and stability of neighboring that would be located near its headquarters and be profits with its own bets that ◆ ACCUSED SON, cities12x Aand counties.WWW.FREEP.COM FRIDAY, “partMARCHof23,the2012fabric of the city,” in GM marketing housing prices would fall. x Four months after Granholm chief Joel Ewanick’s words. FRIEND PLEAD Acongressional committee interceded in Benton Harbor, Fet- recommended that law enforce- JOBLESS Carat employees can see the GM headquarters from their office tig’s Whirlpool stepped up with an “We think it’s even more important to show this space on the 23rd floor in the OneNOTSUSANDetroitGUILTYCenter building. TOMPOR’Sment authorities look intoTAa se- X TIPS $85-million commitment to put its commitment right now,” Ewanick said. “We know Tucker Cipriano, 19, and Mitchell Jor- ries of deals that Goldman sold new headquarters campus and 1,200 what it’s like to have friends come and help us when solvency. danCheckYoung, 20,outpleadedhernot guiltytaxWednes-web pagewhile executivesfor advice,deridedformsthem and the to 1,400 workers in downtown Ben- day to murder charges. They are accused in e-mails as “junk,” “crap” and ton Harbor. we’re going through hard times, and we want to be But Martin Cass, presidentof attackinglatestof CaratCipriano’stax helpGlobalfamilynews.Man-with a Goanotherto freep.com/taxtipsprofane adjective. RATE IS Without some indication that that kind of good citizen right now. We understand agement, who oversees baseballthe Detroitbat andoffice,killing hisisfather.hope-6A And last month, a Delaware Benton Harbor’s dysfunctional how much work this is, fixing the city. We’re not go- GET TIPS FOR FILINGcourt nearlyYOURblocked aTAmergerXES government was on the mend, would ful. between Kinder Morgan and El Whirlpool have chosen that site? ing to wilt away from that.” “There’s definitely a senseAfghanistanLIVEof buzz, CHAa senseTSof re-WITHPaso,INDUSTRtwo energy companies,Y TAbe-X EXPERTS The company certainly didn’t This comes as Detroit’s financial crisis comes to vival,” he said. “I hope the political elements get cause Goldman had ties to both LOWEST PANETTA APOLOGIZES have to: It could have expanded next ahead, amid a faceoff between Mayor Dave Bing companies, raising questions door in313St.-222-8765Joseph. Heck,[email protected] could sorted out, and we can allScandalgetDOWNLOADon witheruptslife.” overANDaboutPRINTa conflict ofTAinterest.X FORMS easily move headquarters 90 miles and Gov. Rick Snyder over the best path to restore “This is the latest entry into a ❚ CARAT TO HANDLE ALL MEDIA-BUYING.bloody6B trophy photos to Chicago,BUSIwhere Whirlpool already NESS See BANKER, PAGE 6B has a swell product showplace ◆ Saying war can lead young troops to SINCE ’08 downtown. “foolish decisions,” Defense Secretary Fettig remains upbeat about Leon Panetta apologized Wednesday for gruesome, newly revealed photographs Auto industry drives Benton Harbor’s outlook. that show U.S. soldiers posing with the “Whenever they do make the bloodied remains of dead insurgents in recovery; survey says transition back to elected official Sell stock? Get ready for newAfghanistan.tax11A form management … ,” he said, “I’m sure he last thing any taxpayer If a third party reports In some cases — when the city will be stronger than it’s wants to hear about is yet what an investor paid for the several types of stock sales firms ready to hire T TALKING WITH THE TROOPS been in a long time.” another new tax form. But if stock, it could be harder for a have been made in a year — Snyder makes surprise visit By Katherine Yung Snyder, to this point, has tried to you sold stock in 2011, get taxpayer to underestimate the some taxpayers could even and Susan Tompor enlist20Detroit’s elected12leaders in a readyvehiclefor a brand-new head- salestaxable gain on a stockmaysale. Gov.haveRicktoSnyderfill outmadesixtopForman unan-8949s GREENexpectationsLEADERS Free Press Business Writers consent agreement whereby they ache called Form 8949. That’s lowerAkeythanchangethethis15tax.0sea- nouncedin atripyear.to visit troops in Afghani- BREAKFASTOver the last 18 months, al- choose from 41 small car models could claim some role in saving the In the past, you’d just work son: An investor who acquiredINstan,MARCH,KuwaitYes,and“sixGermany,LMCof them,”sayingsaidit was The good economic news has been stacking SUSAN TOMPOR SAYS IRS The Detroit Free Press Michi- city’sHigherfinancial ship,gasevenpricesas they notthroughhurtinga Schedule Dthemto deal yet million ratestockforinFebruary,2011 and soldbutit beforeawayLeslieto thankWelbourn,U.S. servicementax managerand wom- most every automaker has in- in the U.S. market compared up for Michigan. TO GET BETTER HANDLE ON en and to discuss ways to improve their gan Green Leaders awards On Wednesday, the state reported that the surrender significant control. with the profits or losses re- the end of 2011 will see that AUTOMOTIVEfor Doeren MayhewIS PREDICTINGin Troy. By Brent Snavely industry analysts expected at would be the third-straight job prospects when they return home. 6A breakfasttroducedwill be ata8 a.m.newAprilor redesigned with just 30 back in 2007. unemployment rate fell to 8.5% for March, a If Bing and council refuse, Sny- sulting from selling stock. ACTUAL PROFIT the broker reported the cost Best bet: Look at the 1099-B Free Press Business Writer the start of 2012, when analysts month above 14 million. 27 atcompactthe MGM Grandcar,Detroit.and the industry The U.S.JARRADhousingHENDERSON/DETROITmarket,FREE PRESS level not seen since August 2008 and down 2 per- der must do as Granholm did with Beginning in the 2011 tax basis for the securities in BoxAN formsANNUALIZEDthat arrive fromSELLINGbro- TicketsPresidentfor theBarackannualObamaeventspeaksare Wednesday at the Henry Ford Museum. Obama, seeking to raise $1 mil- centage points from a year ago. Benton Harbor and impose a new year, though,wereyou’repredictingalso going salesting aofbetterlesshandle onButan the real3of Formtest10for99-B.the in- kerage firms very carefully. lionoverallduring hisisvisitofferingfor his re-electionfeaturesbid, toutedonhis rescuemeanwhile,of Chrysler andisGeneralonlyMotors.starting to The jobless rate in metro Detroit fell to 9.4%, $40 per person, and tables of 10 commanderFor automakers,to right the ship. 2012 looksto need tothanfill out14 Formmillion.8949 investor’s actual profit.dustry will comeTheovernew Formthe spring8949 re- RATE“YouOF 14have.1toMILLION.know what those cars previously reserved show signs of a recovery, which down 2.3 percentage points from a year ago. can be reserved. For more But if that move was to get hung with that Schedule D. Under the changes, the quires you to carefully enter a you’re looking for and how to “It’s going in the right direction,” said Robert like it will be better than expect- “Results for the first quarter and summer, Schuster said, as informationfor largerabout thecars.honor- means pickup sales are unlikely up for months or years because of Form 8949 is for “Sales and Internal Revenue Service variety of codes. read a broker’s statement,” Dye, chief economist at Comerica Bank. ed — at least in the U.S. of 2012 suggest that the year will gas prices test consumer confi- Higher prices aren’t hurtingees or theExamplesevent, go to include the Chev- to outpace industry growth. And a PNC Bank survey of small companies lawsuits or ballot proposals, why Other Dispositions of Capital would have more information What’s worse, though, is Welbourn said. U.S. consumers are on pace be better than current expecta- dence and as policymakers in auto sales yet, Schuster said, butmichigangreenleaders.comrolet Cruze, Fiator 500, Ford Fo- With higher gas prices, and in Michigan found that 35% plan to hire full- would businesses invest more mon- Assets.” about what an investor paid that it’s possible some taxpay- President touts record time or part-time employees sometime in the ❚ EVERYDAY INVESTORS TO www.facebook.com eytoandbuylocateaboutthousands1.4 millionof jobs innew carsThe extrations,”reportingsaid Jeffis Schuster,for a stockseniorthroughEuropea third- try toerscontainwould needthatto fileconti-more they are affecting what people cus, Honda Civic, and Hyundai more choices, the overall share REPORT MORE WITH NEW /michigangreenleaders. next six months. Detroit,and trucksas Whirlpoolin isMarch,doing in or aboutdesigned,vicenaturally,presidentto gener-of forecastingparty verificationat nent’sof the costdebt crisis.than one 8949 in a given tax areFORMS.buying.6B Elantra and Veloster. of small cars in 2012 could climb But companies also reported that they ex- Benton Harbor? ate extra tax revenue by get- of the asset. year. pect to seek higher-skilled employees than in 6% more than in the same month LMC Automotive. On Thursday, the average Through the first 18 days of “I think the styling in many to its highest level ever, at near- the past, which could be a problem with the auto at metro fund-raisers industry already unable to fill a growing num- last year. In March, LMC Automotive price for a gallon of gas was March, subcompact and com- cases is more appealing and the ly 20% of industry sales, Schus- By David Jesse and Kathleen Gray paign against presumed Republican ber of technical jobs because of a lack of qual- That would put the industry is predicting an annualized sell- $3.88, or 33 cents higher than a pact cars accounted for approx- FreecontentPress Staff Writershas increased,” Schus-presidentialternomineesaid.— and Michigan CAMPAIGN 2012 ified workers. native — Mitt Romney. Romney: Still, worker rolls have increased across var- on pace to sell14.1 million for the ing rate of 14.1 million cars and year ago, according to AAA’s imately 23% of retail sales in the ter said. ❚ CONTACT BRENT SNAVELY: 313-222-6512 President Barack Obama charmed “When you decided to support a Obama didn’t ious industries, with the U.S. Bureau of Labor year, which is higher than most trucks. Fuel Gauge Report. U.S. two Today,groups of Michiganconsumersfriends candidatecan [email protected] Hussein Statistics reporting 22,000 more workers in Wednesday, praising their willingness Obama, you know it’s not going to be a deliver on southeast Michigan this year than last year. to take a risk voting for him four years sure thing,” he joked to a crowd of promises 10A “The strength in the auto industry is starting DEPARTMENT OF DEFENSE VIA ASSOCIATED PRESS ago. about 600 at the Henry Ford Museum ❚ About 100 pro- to translate into strength in other parts of the Gov. Rick Snyder visits National Guard and But, more than anything, he was in Dearborn. testers rally outside Michigan economy,” Dye said. Reserve members in Kuwait on Tuesday. courting their checks in a race to raise The audience’s biggest response, president’s Dear- That increase in workers is partly responsi- Gateway Project money from Michigan and across the though, was to this line: “Osama bin born stop. 10A ble for a first-quarter, 47% increase in housing country for the fall presidential cam- See PRESIDENT, PAGE 10A starts in southeast Michigan when compared INDEX See ECONOMY, PAGE 4A Bridge...... 8D GM offers 68 51 Business ...... 1B High Low Classified...... 2E Comics...... 5D Mobile clinic makes rounds to WARMER WITH Corrections ...2A AFEW SHOWERS Deaths 12A-13A Lots of clouds during day. Editorials.....14A spay, neuter metro Detroit pets FORECAST, 2A exchange Horoscope ....2D tens that are abandoned or eutha- Vol. 181, Number 351 Life ...... 1D By Megha Satyanarayana  2012 Detroit Free Press Inc., Printed in the U.S. Lottery ...... 2A Free Press Staff Writer nized in shelters. BRIDGE OWNERS TO APPEALMetro ...... 6A Owners drop their pets at the giant Company seeks to regain Movies Play 8-9 An animal welfare group is trying bus, retrofitted as a surgical theater, Puzzles ...8D-9D to reduce Detroit’s stray cat and dog which started operation Tuesday in Sports...... 1C population using a mobile surgery southwestofDetroit. ByVoltJuly 4, the mo- $1.00 clinic that spays and neuters pets bile clinic will have stopped on De- control from state agency wherever it can park. troit’s west side, its east side and in By John Gallagher All About Animals Rescue of War- Midtown. Suburban stops are ren is using the $225,000 unit — the planned. Free Press Business Writer first of its kind in southeast Michigan In two days, the medical staff has 50% OFF FOOD AND DRINK AT AMICI —to try to reduce the number of un- fixed nearly two dozen dogs and cats SUSAN TUSA/DETROIT FREE PRESS ITALIAN BISTRO IN PLYMOUTH power cord wanted puppies that often end up as at no charge and a transport vehicle Tony the Tiger, a shih tzu mix, waits and recuperates after being sterilized DETAILS, 2A Even as the state prepares to launch bait in dogfights, and puppies and kit- See MOBILE, PAGE 4A Tuesday at the All About Animals Rescue mobile surgical unit in Detroit. final construction next month on the It has more reliable, long-delayed Gateway Project, owners of the Ambassador Bridge say they’ll ON EVERdurableYRADAR.model,UNDEitRNsaysONE. still fight to win back control. LeaseforBy$Brent SnavelyPER Godfrey Dillard, an attorney for the MONTH1 Detroit International Bridge Co., told Free27Press Busin9ess Writer Ultralow mileagelease forwell Wayne County Circuit Judge Prentis qualifiedcurrent non-GMlessees. General Motors is offering to ex- INCLUDESCADILLACPREMIUM CARE Edwards on Thursday that DIBC plans 2012 SRXLUXURYCOLLECTION 2 MAINTENANCE $ changeDUE ATtheSIGN12ING0-volt rechargingMONTHS cord aswift appeal of Edwards’ March 8 or- 3 1,849on AFTtheER ALLChevroletOFFERS Volt with a new 4yearsor50,000 miles , der stripping the company of the Gate- 24 �� No security depocord,sit requiredthe.Tax, title,companylicense and dealersaidfeesThursday.extra. �� way Project. Mileage charge of $.25 per mile over 20,000 miles. passenger compartment air filterreplacement The company decided to replace “We feel it was not in conformity VISIT YOUR CADILLAC DEALER TODAY. cadillac.com 1 the cords because it has developed a with the law,” Dillard told reporters af- MUST BE ACURRENTLESSEE OF A1999 MODEL YEAR OR NEWERNONGMVEHICLE. EXAMPLEBASED ON SURVEY.EACHDEALER SETS ITS OWN PRICE. YOUR PAYMENTS MAnewYVARY. PAcordYMENTSthatARE FORisA2more012CADILLACreliable,CTSSPORTSdura-EDAN WITH AN MSRP OF $39,990. 24 MONTHLYPAYMENTS TOTAL$6,696. ter the hearing. OPTION TO PURCHASE AT LEASEEND FOR AN AMOUNTTOBEDETERMINED AT LEASESIGNING. ALLYMUSTAPPROVE LEASE. TAKE DELIVERYBY4/30/12. LESSEE PAYS FOR EXCbleESSWandEAR. PAprovidesYMENTS MAYBEHaIGHEmoreRINSOMEconsistentSTATES. NOTAVAILABLEWITH SOME OTHEROFFERS. RESIDENCYRESTRICTIONS And Dillard hinted that he thought 2012 CTSSPORTSEDAN AWD APPLY. 2 VISIT WWW.CADILLAC.COM/PREMIUMCARE FOR DETAILS. 3 WHICHEVER COMES FIRST. SEE DEALER FOR DETAILS. ©2012 GENERAL MOTORS. ALLRIGHTSRESERVED. CADILLAC®, CTS® the Michigan Department of Transpor- charge for the company’s extended- 86518pdf tation, put in charge of the project by range electric car, said spokesman the judge’s March 8 order, would not be Randy Fox. able to move as quickly as it claims to Fox said Volt owners can make finish the work. the exchange when they bring their “You know how bureaucracies are. car into the deal- They say they’re going to do it quickly VOLT ership for a bat- but that remains to be seen,” Dillard PHOTOS BY ANDRE J. JACKSON/DETROIT FREE PRESS tery upgrade. OWNERS CAN The Volt, told reporters. Judge Prentis Edwards looks over paperwork during a bridge authority hearing at the Coleman A. Young Municipal Center. An appeal of the March 8order giv- MAKE THE hailed by many industry watchers ing MDOT control would set up two future. EXCHANGE seemingly contradictory processes: In But on Thursday, Edwards said the as a technological one, the bridge company, obedient to company had purged its civil contempt WHEN THEY marvel, also be- the judge’s order, will cooperate fully by complying with his March 8 order came a political with MDOT’s takeover. In the other, for the Michigan Department of Trans- BRING THEIR target after two Volts caught fire the company will fight vigorously to re- portation to take full control of the pro- CAR INTO THE gain control. ject. at least a week af- For years, the bridge company has To comply, the company also was re- DEALERSHIP. ter their batteries maintained it was in the right in the dis- quired to wire $16 million to MDOT by were punctured pute, even as ruling after ruling went this week to pay for work to finish the in crash tests. against the bridge company. Dan interchange project, as the judge had Federal safety regulators closed Stamper, president of DIBC, has main- ordered. Also, the company was re- their investigation of the fires after tained that the company will win in the quired to provide a legal right of entry GM announced plans to strengthen end and reap millions of dollars in dam- for MDOT to enter bridge company the battery pack casing and install ages from MDOT. property to finish the work. sensors to detect leaking battery flu- Meanwhile, Edwards lifted the civil Michigan Assistant Attorney Gen- id. contempt finding against the Ambassa- eral Robert Mol, representing MDOT, Fox said a letter will be sent next dor Bridge owners Thursday, saying told Edwards that MDOT expected to week to Volt owners informing them they were complying with his orders to seek qualified construction teams to of the offer to exchange the power turn the disputed project over to submit within a week their qualifica- cord. MDOT. tions to finish Gateway, and to award a Last year, GM fell short of its goal to sell 10,000 Volts. The company The ruling means bridge owners Manuel (Matty) Moroun, owner of the Ambassador Bridge, looks on during the contract to the winning bidder by mid- sold 7,671for the year. Manuel (Matty) Moroun and his son hearing Thursday on the Gateway Project in Detroit. April. Matthew, and top aide Stamper, are no MDOT regional engineer Tony Kra- Earlier this month, the company longer under threat of jail and are no series of new ramps and roads. In plan- In February 2010, Edwards ordered tofil told reporters after the hearing said it would halt production at its longer required to attend subsequent ning since the mid-’90s, the project was DIBC to remove those structures and that MDOT expects to have the contro- Detroit-Hamtramck plant for five court hearings in person. ajoint effort between MDOT and complete Gateway as designed. Over versial Pier 19 “ramp to nowhere,” weeks because of limited demand. The judge also noted that he retains DIBC, with each responsible for build- the past two years, Edwards has found which was designed as a support pylon Through February, GM has sold jurisdiction over the case, which ing key parts under a 2004 contract. the company in civil contempt of court for a second Moroun-owned bridge to 1,626 Volts. means he can bring future sanctions But MDOT sued the bridge compa- for stalling. Canada, removed by mid-May. This ❚ CONTACT BRENT SNAVELY: 313-222-6512 OR against the bridge company if officials ny in 2009 for not building Gateway ac- In January, Edwards jailed the elder would allow a planned truck road to be [email protected] obstruct MDOT’s progress on Gate- cording to plan. Instead, as MDOT con- Moroun and Stamper for civil con- completed and for thousands of trucks way. tended and as Edwards has ruled, the tempt to force compliance with his or- to be routed to expressways and avoid Gateway is a $230-million project to company built a lucrative duty-free der. A Michigan Court of Appeals panel clogging up Fort Street and other sur- ease border congestion by connecting complex and started construction of a freed the men after one night in jail, but face streets. the Ambassador Bridge directly to second span to Canada that conflicted ruled that Edwards had the power to re- ❚ CONTACT JOHN GALLAGHER: 313-222-5173 OR nearby interstate highways through a with some aspects of the Gateway plan. turn the men to jail if necessary in the [email protected] Chrysler’s stricter minority purchasing policies pay off By Brent Snavely of business it does with minority suppli- Dan Knott, Chrysler gram increased Chrysler’s annual mi- Free Press Business Writer ers. But if the supplier scores zero on senior vice president of nority supplier spending by $168 mil- minority sourcing, the weight of the purchasing, is chairman lion, a 227% increase. Stricter minority purchasing pro- score is raised to 20% of the supplier’s of the Michigan Minority In 2011, Chrysler spent $4 billion with grams adopted by Chrysler last year are overall scorecard. Supplier Development minority-owned suppliers, or $1.4 bil- driving tier-one suppliers to spend more The scorecard is used by Chrysler Council. lion more than in 2010. Since 1983, the money with diverse companies. when it awards new contracts. automaker has purchased more than Under one policy adopted last year, a “It basically puts some real teeth into $45 billion from minority-owned com- tier-one supplier’s risk of losing busi- the scorecard,” said Chrysler spokes- But last year, Chrysler also adopted a panies. ness with Chrysler was increased if it woman Katie Helper. new High Focus program that identifies This year, Dan Knott, Chrysler se- doesn’t meet the automaker’s minority Chrysler has long provided mentor- tier-one suppliers that are not hitting nior vice president of purchasing, is purchasing goals. ing programs to minority-owned suppli- minority purchasing targets. Those sup- chairman of the Michigan Minority Sup- Every year, Chrysler’s suppliers are ers to help them improve their perfor- pliers are given tools to help them devel- plier Development Council, a position CHUCK BURTON/AP evaluated based on an annual scorecard. mance and to help tier-one suppliers in- op relationships and partnerships with he will hold for one year. General Motors is offering to ex- About 5% of a tier-one supplier’s per- crease spending with diverse compa- minority-owned businesses. ❚ CONTACT BRENT SNAVELY: 313-222-6512 OR change the 120-volt recharging cord formance score is based on the amount nies. In its first year, the High Focus pro- [email protected] on the Volt with a new cord. ATTRACTIONS n Metro Detroit hosts year round quality entertainment featuring live music and theater performances at the following venues: • Fox Theatre • Fisher Theater • Detroit Opera House • Music Hall • Masonic Temple • Cobo Hall

n Metro Detroit is the home of state of the art sports arenas: • Comerica Park home to the Detroit Tigers • Ford Field home to the Detroit Lions • Joe Louis Arena home of the Detroit Red Wings • The Palace of Auburn Hills home of the Detroit Pistons

n The Detroit Zoo has 125 acres of wildlife attractions including one of largest polar bear exhibits, a kangaroo walk, and animals feeding.

n The Detroit Institute of Arts, Detroit Science Center, Detroit Zoo, and Detroit Historical Museum house several exhibits and attractions.

n The Woodward Dream Cruise held annually the second weekend in August draws over 1.7 million people and 400,000 classic cars.

n North America International Auto Show held in January at Cobo Hall welcomes 715,000 car enthusiasts to the event.

n Arts, Beats, and Eats brings in over 500,000 people on Labor Day weekend and raises over $350 million for local charities. It also brings in over $40 million for the local economy by celebrating the diversity of artists, musicians, and food in Metro Detroit.