SIGNATURE SELLS 41,056 SQUARE FEET OF MEDICAL SPACE IN FLINT

SOUTHFIELD, MICHIGAN—March 22, 2018 Signature Associates has negotiated the investment sale of 41,056 square feet of medical space located at 3169 Beecher, Flint, Michigan. 3169 Beecher is one of the assets seized by the federal government in a fraud case against a Flint area investor.

Grant Bruce and Chris Secontine of Signature Associates represented both the seller, Treasure Enterprise, LLC, and the purchaser, Beecher Medical Building, LLC. O’Keefe is the federal court receiver for this property. Signature Associates has a long and successful relationship with O’Keefe in the sale of nearly a dozen assets. The purchaser is an investor owner with whom Signature has previously sold, leased, and resold 24901 Northwestern in Southfield.

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, advisory & management 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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