COLLIERS CLOSES ON $5.2M LAND SALE IN ANN ARBOR, MICH.

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ANN ARBOR, MICH. — Colliers International has arranged the sale of a 34,848-square-foot vacant parcel in Ann Arbor for $5.2 million. The property, located at 350 South Fifth Ave., is in the center of downtown Ann Arbor and fronts three downtown streets: South Fifth Avenue, South Fourth Avenue and East William Street. Jim Chaconas and Brendan Cavender of Colliers International represented the seller, the city of Ann Arbor. Chaconas and Cavender also represented the buyer, Dahlmann Properties, in the transaction.

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