THE WISINSKI GROUP BROKERS TWO INDUSTRIAL SALES

GRAND RAPIDS, MICH. — The Wisinski Group has brokered two industrial transactions totaling more than 460,000 square feet in Grand Rapids. Padnos Iron and Metal has acquired a 454,000-square-foot industrial facility located at 500 44th St. SW in Grand Rapids. New West Michigan II Industrial Investors LLC sold the property for an undisclosed amount. Stu Kingma of The Wisinski Group represented both parties in the transaction. Additionally, Penny Land Co. LLC has purchased a 7,404-square-foot industrial building located at 1250 Randolph in Grand Rapids. Bell Equipment Co. sold the facility for an undisclosed amount. Larry Smith of The Wisinski Group represented the seller; Pete Termaat of Termaat McGregor represented the buyer in the transaction.