SIGNATURE SELLS 3,124 SQUARE FEET OF RETAIL IN JENISON

MUSKEGON, MICHIGAN—January 31, 2019 Signature Associates has negotiated the sale of a 3,124 square foot retail building located at 294 Chicago Drive, Jenison, Michigan to Aldi, Inc.

Jamie Hughes of Signature Associates represented the seller, Cheema, LLC. Jamie previously sold this building to one of his clients 2 ½ years ago.  The lease with Payless had to be renegotiated before the sale could go through.

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 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, 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.

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