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STERLING HEIGHTS, MICH. — Flagstar Bank has sold 75,000 square feet of industrial space located at 41150-41155 Technology Park Drive in Sterling Heights, about 20 miles northeast of Detroit. The buyer was Richard Schaller. Bruce Morrison and Paul Saad of Signature Associates represented the seller in the transaction. Signature Associates is an independently owned and operated member of the Cushman & Wakefield Alliance.