GRUBB & ELLIS|PARAMOUNT COMMERCE COMPLETES THREE OFFICE SALES

GRAND RAPIDS, GRAND HAVEN AND GRANDVILLE, MICH. — Grubb & Ellis|Paramount Commerce has completed the sale of an office facility located at 277 Crahen Ave. NE in Grand Rapids. Aardvark Properties LLC has acquired the property from AMS Liquidating Corp. for an undisclosed amount. Chad Koster and Scott Morgan of Grubb & Ellis|Paramount Commerce represented the seller; John Mundell of Signature Associates represented the buyer in the transaction.
Additionally, Grubb & Ellis|Paramount Commerce brokered two smaller office sales in Michigan. In Grand Haven, Steve Wilson and Chad Lahey of Grubb & Ellis|Paramount Commerce arranged the sale of a 5,024-square-foot office building located at 300 N. Ferry St. Jason Beecham has acquired the building from Northway Development Co. for an undisclosed amount. In Grandville, the company has arranged the sale of a 4,068-square-foot office facility located at 4320 44th St. SW. MG Real Estate LLC has acquired the property from Canal Street Leasing for an undisclosed amount. Koster and Ray Kisor of Grubb & Ellis|Paramount Commerce represented the seller; Rusty Richter of Rietberg represented the buyer in the transaction.