Farmington Hills, MI – (June 12, 2020) Friedman Real Estate, one of the nation’s leading providers of commercial real estate services recently facilitated the sale of a ±160,000 SF single-tenant net leased industrial facility in Grand Rapids, MI.
The property is currently leased to Michigan Wheel Marine on a long-term absolute net basis.
Michigan Wheel Marine offers a broad range of marine propellers for the recreational, commercial, and government sectors worldwide.
Steven Silverman Senior Vice President, Investment Advisory & Brokerage Services, represented the purchaser in the transaction.
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.