Michigan

GRAND RAPIDS, MICH. — NAI Wisinski of West Michigan has assisted The Ruse Escape Rooms in securing a 3,446 square-feet retail location in downtown Grand Rapids. Escape rooms are a form of interactive entertainment with engaging puzzles and challenges that promote creative thinking, teamwork and communication. The venue will occupy space on the first floor at 25 S. Division Ave. Doug Taatjes, Hillary Taatjes Woznick and Kurt Kunst of NAI Wisinski arranged the sale of the retail condo for Ruse Escape Rooms owners Steve Myers and Bill Wiegandt. The space is currently being renovated for The Ruse, which will open this fall. The seller was a local developer. “At the heart of downtown Grand Rapids and walking distance from restaurants, breweries and hotels, The Ruse is the new choice for entertainment in the city. The space is full of character and provides the perfect setting for an immersive escape room experience,” says Wiegandt.

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TROY, MICH. — Super Fair Cellular Inc. has renewed its 38,400-square-foot industrial lease in Troy. The building is located at 1352-1374 Rankin Road. John Boyd, Paul Hoge and Kris Pawlowski of Signature Associates represented the landlord, Iron Point Troy Industrial, in the lease transaction. Super Fair Cellular is a telecommunications equipment supplier based in Troy.

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LANSING, MICH. — Marcus & Millichap has negotiated the sale of One Michigan Avenue in Lansing for $16.5 million. The 10-story, 154,000-square-foot office building is located at the southeast corner of Washington Square and Ottawa Street. The building was constructed in 1983. At the time of sale, One Michigan Avenue was 98 percent occupied by law firms, a bank, an insurance company and government tenants. John Godwin and Richard O’Connor of Marcus & Millichap represented the seller, a Lansing-based partnership. Godwin procured the buyer, a regional investment group.

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MOUNT CLEMENS, MICH. — Friedman Integrated Real Estate Solutions has arranged the sale of Holiday Garden Apartments in Mount Clemens, about 25 miles north of Detroit. The sales price was not disclosed. The 64-unit property is located at 115 N. River Road. J and G Investments purchased the property from Mt. Clemens Properties LLC. Peter Jankowski of Friedman represented both parties in the transaction.

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WARREN, MICH. — Colliers International has brokered the sale of a 62,900-square-foot industrial facility in Warren, a suburb of Detroit. The sales price was not disclosed. The building is located at 25200-25700 Malvina Ave. A large portion of the building is currently leased to TVI Logistics, a specialty warehousing and distribution company. Gary P. Grochowski, Justin Francek and Bryan Barnas of Colliers represented the undisclosed seller in the transaction.

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TROY, MICH. — Signature Associates has arranged the sale of a 15,040-square-foot industrial building in Troy. The sales price was not disclosed. The property is located at 1350 Piedmont Drive. Paul Hoge and John Boyd of Signature Associates represented the seller, Wayne Huron Piedmont LLC. Joe Hamway, also of Signature Associates, represented the buyer, Falcon SJD Investments LLC.

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ROYAL OAK, MICH. — Friedman Integrated Real Estate Solutions has brokered the sale of a 2,585-square-foot retail building in Royal Oak, about 15 miles north of Detroit. The sales price was not disclosed. PNC Bank owned and occupied the building located at 1710 E. 12 Mile Road. Robert Hibbert and Todd Hawley of Friedman represented both the seller and the buyer, 2015 Bellaire LLC.

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UTICA, MICH. — Mid-America Real Estate Corp. has brokered the sale of Shelby Corners in Utica, a suburb of Detroit. The sales price was not disclosed. The 76,390-square-foot shopping center is located at the northwest corner of Hall and Schoenherr roads. Tenants include Christmas Tree Shops and BuyBuy Baby, both subsidiaries of Bed Bath & Beyond. Michigan-based Grand Management & Development purchased the property. Ben Wineman, Carly Gallagher and Daniel Stern of Mid-America brokered the transaction.

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PORTAGE, MICH. — NAI Wisinski of West Michigan has arranged the sale of a 19,188-square-foot office building in Portage, near Kalamazoo, for $2 million. The fully leased building is located at 5136 Lovers Lane. Bill Tyson of NAI arranged the sale on behalf of the buyer, Jay Kim Enterprises LLC. Marc Tourangeau and Kara Schroer of NAI leased up the property to full occupancy in 2016.

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