Friedman Earns 2010 Power Broker Status

Posted on April 29, 2011

Farmington Hills, Michigan (April 29, 2010) – Friedman Integrated Real Estate Solutions, the Midwest’s leading provider of commercial real estate services has been recognized as a 2010 CoStar Power Broker in the Detroit Metropolitan market. In addition to company-wide recognition, Director of Investment Sales Barry Swatsenbarg, and Investment Associates Richard Deptula and Scott Barrie were honored as Top Sales Brokers, while Steve Eisenshtadt, Senior Vice President within the Brokerage Division received recognition as Top Leasing Broker.

“We are especially proud to have achieved this distinction during a period of economic uncertainty in the market,” said Gary Goodman, Managing Director of Friedman’s Brokerage Division. “This award is a direct result of the hard work and dedication of our talented group of professionals, and is a reflection of how Friedman leverages its unique integrated solutions platform to deliver results for our clients”

CoStar’s Power Broker Award and the designation of Top Sales and Leasing Brokers are given to U.S. firms and individual brokers that generate the highest transaction volume in commercial property leases and sales during the 2010 calendar year.

About Friedman Integrated Real Estate Solutions

Founded in 1987, Friedman Integrated Real Estate Solutions is one of the Midwest’s largest locally owned and operated commercial real estate organizations. Friedman represents banks, special servicers, institutions, property owners, national and regional retailers, and commercial tenants in every size range. Friedman manages over 95 facilities encompassing more than 10 million square feet of commercial and multi-family properties throughout Michigan, Ohio, Indiana, Florida, Kentucky, Tennessee, and Arizona.

Friedman’s completely integrated in-house service lines include brokerage, full-service property and asset management, space design and architectural services, construction and project management, graphic design and marketing, as well as a specialized distressed asset services group providing valuation and pro-forma analysis, multi-scenario financial modeling, loan sales, investment sales, turnaround management and receivership services. We provide our clients with a single point of contact for the entire range of services we offer.

As owners and managers of commercial property for more than 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.