CPIX Blog

SIGNATURE SELLS 243,635 SQUARE FEET OF INDUSTRIAL SPACE IN WARREN

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 243,635 square feet of industrial space located at 1919, 1920, & 1990 Concept Drive, Warren, Michigan. This was a portfolio sale.

Paul Hoge of Signature Associates represented both the seller, CTP Newco, and the purchaser, Concept Drive Industrial Investors, LLC. John Boyd and Bruce Morrison, also of Signature Associates, represented the purchaser and the seller respectively.

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.

SIGNATURE SELLS 10,500 SQUARE FEET OF INDUSTRIAL SPACE IN MADISON HEIGHTS

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 10,500 square feet of industrial space located at 1200 W. Thirteen Mile Road, Madison Heights, Michigan to purchaser JOC Land Holdings, LLC.

Chris Monsour and Paul Hoge of Signature Associates represented the seller, Ski Real Estate, LLC.

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.

SIGNATURE SELLS 13,360 SQUARE FEET OF INDUSTRIAL SPACE IN CLINTON TWP.

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 13,360 square feet of industrial space located at 22832 Macomb Industrial Drive, Clinton Twp., Michigan.

Ben Wilkiemeyer and Peter Walocko of Signature Associates represented the purchaser, Benchmark Macomb Industrial Property, LLC. This is the third transaction Signature has completed for this company.

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.

SIGNATURE LEASES 17,020 SQUARE FEET OF INDUSTRIAL SPACE IN NEW BALTIMORE

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the lease of 17,020 square feet of industrial space located at 35269 Cricklewood, New Baltimore, Michigan.

Ben Wilkiemeyer of Signature Associates represented the tenant, Unlimited Quality Sorting & Assembly, Inc.

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.

SIGNATURE LEASES 102,475 SQUARE FEET OF INDUSTRIAL SPACE IN BROWNSTOWN TWP

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the lease of 102,475 square feet of industrial space located at 20505 Sibley Road, Brownstown Twp., Michigan.

Brad Viergever of Signature Associates represented both the landlord, Sibley Road Investments, LLC, and the tenant, Hearn Industrial Services, Inc.

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.
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