CPIX Blog

FRIEDMAN SELLS 13,500 SF MULTI-TENANT INVESTMENT RETAIL BUILDING IN CLARKSTON

Farmington Hills, Michigan (April 24, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 13,500 square feet multi-tenant investment retail building positioned on 2.42 acres of land located at 7066-7150 Sashabaw Road in Clarkston, Michigan. The seller, Sashabaw Crossing LLC, sold the building to a local real estate investment and development firm.

Alan Stern, Vice President, Brokerage Services at Friedman and Steven Silverman, Associate, Investment Advisory Services at Friedman represented both the seller and the purchaser in this transaction.

ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.

For more information, please visit: www.friedmanrealestate.com.

Swisher Commercial leased 150 sf of office space at 8005 Main Street in Dexter

Swisher Commercial is pleased to announce the lease of 150 sf of office space at 8005 Main Street, Dexter. Jeff Evans of Swisher Commercial, represented the listing. Jeff Evans can be reached by phone at 734-323-7331 or by email at jeffevans@swishercommercial.com.

Swisher Commercial is a full-service, independent brokerage firm specializing in commercial real estate and investment properties. Services include sales, leasing, property management and consulting, as well as sales of vacant land. Swisher Commercial’s longevity in the industry and commitment to the community supports its strong reputation for integrity, experience and results. It continues to be one of the largest commercial brokerage firms headquartered in Ann Arbor and serving Washtenaw, Lenawee and Jackson counties.

Swisher Commercial leased 200 sf of office space at 7926 Ann Arbor Street in Dexter

Swisher Commercial is pleased to announce the lease of 200 sf of office space at 7926 Ann Arbor Street, Dexter. Jeff Evans of Swisher Commercial, represented the listing. Jeff Evans can be reached by phone at 734-323-7331 or by email at jeffevans@swishercommercial.com.

Swisher Commercial is a full-service, independent brokerage firm specializing in commercial real estate and investment properties. Services include sales, leasing, property management and consulting, as well as sales of vacant land. Swisher Commercial’s longevity in the industry and commitment to the community supports its strong reputation for integrity, experience and results. It continues to be one of the largest commercial brokerage firms headquartered in Ann Arbor and serving Washtenaw, Lenawee and Jackson counties.

CBRE|MARTIN NEGOTIATES SALE OF OFFICE BUILDING TO NATIONAL ASSOCIATION

East LANSING, MI – April 19, 2017 – CBRE|Martin is pleased to announce that the National Association of College and University Food Services (NACUFS) has recently purchased a new national headquarters office building in the northwest tier of East Lansing. The NACUFS headquarters was previously located in Okemos.
NACUFS supports the college and university foodservice industry by providing members with the programs and resources needed to excel in the field. Membership consists of approximately 550 institutions of higher education from across the U.S. and Canada and nearly 500 industry members from the food, equipment, and consulting market segments.

The new 12,000 SF facility is in the Maynard Professional Office Park located off Coolidge Road and north of Lake Lansing Road. The building was formerly owned by Everstream. Don Maynard, owner of the remaining vacant land in the Park, indicated that, “We are very excited to have an association of the nature of NACUFS locate to the Park and join the other quality users located here.”
NACUFS was represented by CBRE|Martin Senior Vice President and Office Advisor, Eric F. Rosekrans, and CBRE|Martin Senior Associate and Office Advisor, Thomas Jamieson, who identified alternatives in the market and helped NACUFS navigate through the process.

“We are excited to honor the longevity of this organization by giving NACUFS a permanent home—a true headquarters—for all members to call home and to come together for committee and board meetings,” quoted Amy Beckstrom, President of NACUFS. She added, “This building symbolizes 60 amazing years continuing our path to greatness, stability, and strength.”
NACUFS plans to renovate and redecorate the building to suit their needs prior to taking occupancy in the second quarter of 2017.

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About CBRE|Martin

CBRE|Martin is a CBRE affiliate office serving Mid-Michigan. CBRE|Martin offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; and research and consulting. Please visit our website at cbrelansing.com.
About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2016 revenue). The Company

has approximately 75,000 employees (excluding affiliates), and serves real estate owners, investors and
occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and
execution for property sales and leasing; corporate services; property, facilities and project management;
mortgage banking; appraisal and valuation; development services; investment management; and research and
consulting. Please visit our website at cbre.com.

Contacts:
Van W. Martin
Chairman & CEO
T +1 517 319 9241
van.martin@cbre-martin.com

Eric F. Rosekrans
Senior Vice President &
Office Advisor
T +1 517 319 9209
eric.rosekrans@cbre-martin.com

FRIEDMAN SELLS 32,500 SF FLEX-LIGHT DISTRIBUTION BUILDING IN CLINTON TOWNSHIP

Farmington Hills, Michigan (April 19, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 32,500-square foot flex-light distribution building located at 35110 Garfield Rd in Clinton Township, Michigan. The seller, 35110 Garfield Road LLC, sold the building to Noble Appliance Center Holding, LLC.

Noble Appliance is a wholesaler of major appliances based in Madison Heights, Michigan with numerous locations across the Metro Detroit Area.

Mike Koenigbauer, Vice President, Brokerage Services at Friedman represented the purchaser in this transaction.

ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.

For more information, please visit: www.friedmanrealestate.com.
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