FRIEDMAN’S ALAN STERN & STEVEN SILVERMAN SECURE 110,000 SF LEASE AT FORMER SAM’S CLUB IN WATERFORD
Farmington Hills, Michigan (March 28, 2018) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently secured the lease of a 110,000-square-foot, former Sam’s Club, retail space located at 495 Summit Drive in Waterford, Michigan.
Alan Stern, Vice President, Brokerage Services and Steven Silverman, Associate, Investment Advisory Services at Friedman represented both the landlord, Oakland Summit Investments, LLC and the tenant, Tommy’s Detroit, in this transaction.
“Tommy’s (a national Malibu & Axis boat dealer) leased the entire property for boat sales, service and storage purposes. This is yet another prime example of vacant boxes being re-purposed for alternative and modern uses,” said Silverman.
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.