Farmington Hills, MI – (February 5, 2021) Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold The Landings on East Hill (148 units) located in Grand Blanc, Michigan, and Blvd West Apartments (144 units) located in Lansing, Michigan. Friedman’s Rich Deptula and Peter Jankowski advised both the seller and purchaser in these transactions.
The Landings on East Hill is the newest multi-family property in the affluent community of Grand Blanc. The city is in proximity to multiple hospitals that contribute to the region’s large medical industry and is home to the world headquarters of General Motors Service Parts Operations. Grand Blanc’s school district is one of the highest ranked in Michigan and is a popular community to reside among professionals who work in the nearby automotive and medical sectors.
Blvd West Apartments is located in an affluent neighborhood of Lansing, in an area expected to see population growth and development as Michigan State University is currently working with McLaren Hospital to build a new medical facility. Blvd West’s location offers easy access to nearby educational, government and retail employment, and is less than a five-minute drive to the site of the new McLaren Hospital, which will provide new services and employment for area residents.
About Friedman Real Estate
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate provides clients with a single point of contact for the full range of Advisory, Property Management, Multi-Family, Brokerage and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 22,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $20 billion in closed transactions. As owners and managers of commercial property for over 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at www.friedmanrealestate.com and on LinkedIn, Facebook, Instagram, YouTube, and Twitter.