Farmington Hills, Michigan (July 7, 2016) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold Three Rivers Shopping Center, a 91,264 square foot shopping center located at 1320 West Broadway in Three Rivers, Michigan. The seller, Carson Equities, LLC, sold the building to Stockbridge Northridge, LLC.
Three Rivers Shopping Center, situated on a 11.77-acre site, is located in southern Michigan, 12 miles north of the Indiana/Michigan border. The center sits within the city’s retail corridor with big box retailers, shopping centers, hotels, fast food and family restaurants positioned within a one-mile stretch. Three Rivers Shopping Center sits across from Home Depot and Meijer, and is adjacent to Applebee’s Restaurant and a recently constructed Menard’s Supercenter. The center is currently 81% occupied to Peebles, Dunham’s Sports and Family Farm & Home.
Rich Deptula, National Director, 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.
For more press: REBUSINESS ONLINE
