FRIEDMAN’S STEVEN SILVERMAN SELLS 160,000 SF RE-DEVELOPMENT PROPERTY IN YPSILANTI, MI AT AUCTION

Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold Gault Village Marketplace, a 160,000 SF Re-Development site located at 1005-1075 Emerick Street in Ypsilanti, Michigan. Gault Village Realty, LLC sold the building to GV, LLC.

“This transaction took well over a year to finalize. There were several local municipality matters that needed to be fully resolved prior to closing. In the end, the out-of-state Seller was able to exit the property to an out-of-state Buyer who plans on making significant improvements to the property. This is exciting news for Ypsilanti and all nearby residents and businesses” said Silverman.

Steven Silverman, Associate, Investment Advisory Services, at Friedman represented both the seller and the purchaser in this 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, 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.

Posted Under: CBOR News