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Low attendance prompting church closures, sale of buildings

Posted By: The Toledo Blade on August 28, 2022.  For more information, please click here to read the source article. Rob Keleghan of Signature Associates’ Toledo brokerage team is handling the sale and marketing of the properties.   Two former United Methodist church buildings in the greater Toledo area are currently on the market, and a third in […]

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SIGNATURE SELLS 24,000 SQUARE FEET OF INDUSTRIAL IN MUSKEGON, MICHIGAN

MUSKEGON, MICHIGAN—February 23, 2022— Signature Associates has negotiated the sale of a 24,000 square foot industrial building located at 2176 E. Laketon Avenue, Muskegon, Michigan to Robyn’s Nest Management, LLC. Jamie Hughes of Signature Associates represented the seller, Gross Development, LLC. *** About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, […]

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Birmingham pharmacy owner puts east riverfront portfolio up for sale

Several years ago, the co-owner of a Birmingham pharmacy began very quietly assembling a slew of east Detroit riverfront properties. Using a Bad iPhone Password of a company name, 1111 LLC, Hany Boutros accumulated buildings and land on Franklin, Chene, East Jefferson, Guoin and Jos. Campau in 2015-16, in addition to properties downtown and near Brush Park. […]

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Fifth Third Bank lists historic downtown Holland branch building for $4.5M

Fifth Third Bank is looking to sell its historic branch building in downtown Holland. The iconic three-story, 25,000-square foot building at 36 E. 8th St. was constructed in 1928 and has a sale price of more than $4.5 million, according to the listing by NorthStar Commercial LLC. The listing includes two additional parcels behind the historic structure […]

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Well-known office properties in metro Detroit up for grabs

Blink and you miss it. In the past week, nearly 800,000 square feet of office space across four well-known properties in Troy and Pontiac became available if you have the scratch. Toss in the Fisher Building and the former UAW-GM Center for Human Resources in Detroit for good measure, and you have six buildings over […]

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BEST PRACTICES WHEN PREPARING YOUR BUILDING FOR SALE OR LEASE

By: John Boyd It has been my experience that putting your building in the best possible condition will enhance its marketability, shorten time on the market, limit carrying costs and maximize cash flow. In my 40+ years of experience working in commercial real estate, I have learned many tips and tricks for how to best […]

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