SIGNATURE SELLS 15,500 SQUARE FEET OF MULTI-FAMILY IN GRAND RAPIDS

GRAND RAPIDS, MICHIGAN—November 30, 2017 Signature Associates has negotiated the sale of a 15,500 square foot multi-family building located at 5 Oakes Street SW, Grand Rapids, Michigan.

Joe Rizqallah of Signature Associates represented the seller, Ashlar Company, LLC, and the purchaser, VS Oakes, LLC.  Valstone Partners has been working with Signature Associates for over three years and has completed over $30 million in transactional volume. This is the seller’s first deal with Signature Associates.  He will continue to work with Signature on all future deals as this purchase deal was smooth, quick and easy.

About Signature Associates

Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research.

In 2016, Signature completed more than 1,260 transactions totaling 32.2 million square feet and 2,100 acres with a value of $1.1 billion. Additionally, the firm manages more than 8 million square feet of commercial space for its third-party clients, making us one of the largest locally owned property management firms in the market. Over the past 10 years, the firm has closed $9.2 billion in transactions solidifying their position as the commercial real estate leader in Michigan and Northwest Ohio.

Posted Under: CBOR News