OTSEGO AND GRAND RAPIDS, MICH. — Grubb & Ellis|Paramount Commerce has brokered two Michigan office transactions totaling more than 65,000 square feet. In Otsego, the company has arranged the sale of a 51,606-square-foot office property located at 313 W. Allegan. The Cardinal Newman Liberal Arts Project has purchased the building from Otsego Public Schools for an undisclosed amount. The property was acquired for a proposed liberal arts college. Jed Schildroth and Andrew Visser of Grubb & Ellis|Paramount Commerce represented the seller in the transaction. Additionally, Ray Kisor of Grubb & Ellis|Paramount Commerce has brokered the acquisition of a 14,154-square-foot office property located at 246 Ionia Ave. NW in Grand Rapids. Van Andel Institute has purchased the facility from the Diocese of Grand Rapids. Stan Wisinski of The Wisinski Group represented the seller in the transaction.
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