Axiom Retail Advisors represented the University of Michigan in a new, nearly 20,000-square-foot lease valued at $11.2 million at the Related Companies’ The Grand LA mixed-use development in Downtown Los Angeles. The university will establish a new West Coast home for the Ross School of Business on the third level of The Grand LA’s commercial area at 100 S. Grand Ave. The university plans to hold classes and events in early 2026.