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CB RICHARD ELLIS BROKERS 277,000-SQUARE-FOOT INDUSTRIAL SALE

LINCOLN PARK, MICH. — CB Richard Ellis has brokered the sale of 277,000 square feet of industrial space located at 1578-1728 Howard St. in Lincoln Park. Oakwood Industrial LLC has purchased the property from Howard Street Investment Co. LLC for an undisclosed amount. The company has plans to use part of the facility and lease the remainder of space. Lauren Scarpace and Dan McCleary of CB Richard Ellis Detroit represented the seller; Randall Allman, Peter Rogers and Gregg Loichinger, also of CB Richard Ellis Detroit, represented the buyer in the transaction.

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