SIGNATURE SELLS 8,417 SQUARE FEET OF OFFICE SPACE IN SOUTHFIELD, MICHIGAN

SOUTHFIELD, MICHIGAN—September 20, 2018 Signature Associates has negotiated the sale of 8,417 square feet of office space located at 24680 Swanson Road, Southfield, Michigan.

After the building was on the market with another commercial real estate firm for 1-year, Signature Associates listed the property and was able to procure a buyer and closed on the sale within 60 days. Grant Bruce and Brad Viergever of Signature Associates represented the seller, Swanson Building Venture, LLC. Chris Secontine, also of Signature Associates, represented the purchaser, Sherman Investments, LLC.  Sherman Investments purchased the property as an investment and will be leasing the building to The Beauty Studios, a Southfield based chain of salon suites in business for over 15 years

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