SIGNATURE SELLS 180,000 SQUARE FEET OF RETAIL SPACE IN FLINT

SOUTHFIELD, MICHIGAN—April 19, 2018 Signature Associates has negotiated the sale of 180,000 square feet of retail space located at 4403 Clio Road, Flint, Michigan.

Grant Bruce of Signature Associates represented both the seller, Treasure Enterprise, LLC, and the purchaser, Rock Property Management, LLC. The property sale is part of a federal court seizure. Signature Associates was hired by O’Keefe in Bloomfield Hills who manages the Treasure Enterprise Receivership. Rock Property Management, LLC is in the process of re-zoning the property for alternative industrial multi-tenant use.

About Signature Associates

Signature Associates (www.signatureassociates.com), 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 2017, Signature completed more than 1,106 transactions totaling 34.7 million square feet and 1,536 acres with a value of $1.2 billion.  Additionally, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.

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