310 Gratiot Ave | Detroit, MI
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310 Gratiot Ave | Detroit, MI
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Investment Advisors
CONTACT Info
Mortgage Banking
Aaron Moll
Senior Director 248.208.0529 aaron.moll@berkadia.com
Corey Krug
Senior Director 248.341.3338 corey.krug@berkadia.com
Rick Brace
Senior Director 248.341.3319 rick.brace@berkadia.com
Jason Krug
Senior Managing Director 248.341.3344 Jason.krug@berkadia.com
260 East Brown Street, STE 150 Birmingham, MI 48009 Phone: 248.646.7701 Berkadia.com
Detroit Office
Kevin P. Dillon
Senior Managing Director 248.341.3309 kevin.dillon@berkadia.com
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Range
Dishwasher Cabinet Materials Countertop Materials Sink Backsplash Materials Flooring Materials
Refrigerator Washer/Dryer
LG - Stainless Steel Gas Range/Oven with Overhead Microwave LG - Stainless Steel Shaker-Style 3 CM Quartz Stainless Steel Farmhouse Subway Tile "First Floor Common Areas/LVP Bedrooms and Upper Floors/Carpet Bathrooms/Tile" LG - Stainless Steel Connections - No Appliances
Exterior Materials Windows Framing Roof Construction
Roof Covering Roof Age Balconies
Foundation
Land Area Location and Number of Entrances
Fiber Cement Siding Double Hung Vinyl Wood Pre-Engineered Wood Trusses Composite Shingle Less than 1 Year Light-Weight Concrete Slab over Wood Frame Concrete Slab on Grade 1.85 Acres One Curb Cut Along Southern Line of West 52nd Ave
Units: Built: Buildings: Stories: Construction Type: Site Size / Acreage: Density: Total SF: Retail Space: Average SF: Parking:
153 2023 1 16 Steel Frame 2.12 Acres 72.17 Units / Acre 100,460 SF 5,800 SF 657 SF Garage Parking
PROPERTY INFORMATION
310 Gratiot Ave | Detroit, MI
KITCHEN SPECIFICATIONS
STRATEGIC LOCATION
INSTITUTIONAL-QUALITY ASSET
MARKET MOMENTUM
THE OPPORTUNITY
Situated in Downtown Detroit, The Exchange offers unparalleled access to the city’s top employers, entertainment venues, and cultural landmarks. Residents benefit from a 98 Walk Score, with destinations like Ford Field, Comerica Park, and Greektown just steps away. The property is also well connected via public transit, including the Detroit People Mover and QLINE, ensuring seamless access to the broader metro area.
The Exchange boasts luxury finishes and amenities designed to attract a top-tier resident profile. Units feature quartz countertops, stainless steel appliances, in-unit washers / dryers, and floor-to-ceiling windows, while community amenities include a 24-hour fitness center, valet garage parking, and a resident lounge. These features position The Exchange as a premier choice for urban living in Detroit.
Downtown Detroit is experiencing a renaissance, fueled by over $6 billion in investments and significant job growth. The area supports more than 92,000 employees, with a median household income of $77,455 (five-mile radius) projected to grow by 11.5% over the next five years. Detroit’s population reversed over six decades of decline and is experiencing growth which is projected to continue.
The Exchange is offered free and clear, providing investors the flexibility to secure favorable financing terms. Its combination of luxury design, prime location, and strong market fundamentals makes it an exceptional opportunity to capitalize on Detroit’s ongoing revitalization. With Downtown Detroit’s continued growth and demand for high-quality housing, The Exchange is poised to deliver long-term value for investors.
Central Air Conditioning and Heating
Nine-Foot Ceilings
Entry Foyer with Coat Closet*
Stainless-Steel Energy Efficient Appliances
Glass Top Stove
Dishwasher
Side-by-Side Refrigerator with Water & Ice Dispenser*
Over-the-Range Microwave
Gray Granite Countertops
White Shaker-Style Cabinetry
Black Hardware & Fixtures
Chrome Gooseneck Faucet with Pull Down Sprayer
Unit Amenities
24-Hour Fitness Center
Clubroom with Resident Lounge
Outdoor Lounge
Common Area Wi-Fi Access
Valet Garage Parking*
Package Receiving
Storage Units Available
Elevator Access
Trash Chutes
Controlled Access Community
Pet-Friendly Community
Planned Social Activities for Residents
Community Amenities
AMENITIES
*Available in Select Homes
*Additional Fees Apply
Conor David
Director 614.796.0222 conor.david@berkadia.com
EJ Wujek
Associate Director 248.341.3316 ej.wujek@berkadia.com
The Exchange, a newly constructed luxury multifamily property located at 310 Gratiot Ave, Detroit, MI, represents a rare opportunity to acquire a best-in-class asset in the heart of Downtown Detroit. Completed in 2023, this 16-story, 153-unit property combines modern design, high-end finishes, and a prime urban location, making it a standout investment in one of the Midwest’s most dynamic markets. The community includes 12 private condos and 5,800 square feet of commercial space with unmatched walk by visibility.
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Overview
UNIT MIX
Eat-In Kitchen with Central Island*
Light Maple Wood-Style Luxury Vinyl
Plank Flooring
Recessed & Pendant Lighting
Roller Shades
Crown Molding
Floor-to-Ceiling Windows
Walk-In Closets with Built-In Shelving*
Dark Wood Bathroom Cabinetry
Walk-In Shower with Glass Door*
Spacious Bathroom Countertops
Tub / Shower Combination*
In-Unit Washer and Dryer
Private Patio*
Property Description
Discover elevated urban living at The Exchange, a premier apartment community in the heart of Detroit, Michigan. Designed with modern lifestyles in mind, The Exchange offers spacious, open-concept floor plans featuring sleek finishes, stainless steel appliances, quartz countertops, and floor-to-ceiling windows that showcase breathtaking views of the city skyline. Residents enjoy an array of upscale amenities, including a state-of-the-art fitness center with ondemand classes, a rooftop lounge and terrace perfect for entertaining, a co-working space with high-speed internet, and a pet-friendly environment complete with an on-site dog park and pet washing station. Additional conveniences include secure parking, 24/7 concierge services, and package lockers for seamless deliveries. Located in the vibrant downtown Detroit area, The Exchange places you steps away from the city’s best dining, shopping, and entertainment options. Enjoy easy access to iconic destinations like the Detroit Riverwalk, Campus Martius Park, and Little Caesars Arena. With nearby public transit and major highways, commuting is a breeze, whether you’re heading to work or exploring the greater Detroit area. Experience the perfect blend of luxury, convenience, and community at The Exchange - your gateway to the best of Detroit living.
PHOTO GALLERY
TWO BEDROOM
STUDIO
ONE BEDROOM
25 units | 16%
78 units | 51%
50 units | 33%
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