SIGNATURE SELLS 243,635 SQUARE FEET OF INDUSTRIAL SPACE IN WARREN
SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 243,635 square feet of industrial space located at 1919, 1920, & 1990 Concept Drive, Warren, Michigan. This was a portfolio sale.
Paul Hoge of Signature Associates represented both the seller, CTP Newco, and the purchaser, Concept Drive Industrial Investors, LLC. John Boyd and Bruce Morrison, also of Signature Associates, represented the purchaser and the seller respectively.
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. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.
In 2018, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, 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.