FRIEDMAN’S STEVEN SILVERMAN SELLS 45,000 SF NET LEASED JO-ANN FABRICS PROPERTY IN YPSILANTI
Farmington Hills, Michigan (October 9, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 45,000-square foot Net Leased Jo-Ann Fabrics located at 3737 Carpenter Road in Ypsilanti, Michigan. The seller, Valley View LLC, sold the property to Deuter 65, LLC.
Steven Silverman, Investment Advisory & Brokerage Services at Friedman represented the seller and the purchaser in this transaction.
“This acquisition provided the local buyer an opportunity to purchase an investment grade asset located near Ann Arbor, which continues to see exponential growth fueled by the University of Michigan and Eastern Michigan University, as well as a fast-growing employment base”, 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.