CORE Partners

COMPLETED TRANSACTIONS FOR CORE PARTNERS – MAY 2013

Completed Transactions for CORE Partners
May 2013

Alan Stern & Eric Banks of CORE Partners represented the Landlord, 29649 Northwestern Hwy., LLC in a 1,300 SF, 40 month retail lease at 29999 Northwestern Hwy., Southfield, MI. The Tenant, Whink Clothing Boutique was represented by Rodney Raub of SRK Realty. Commencement date:5/1/13.

Ted Wilson of CORE Partners represented the Tenant, Kathryn Ossian in a 812 SF, 36 month office lease at 701 S. Woodward Hghts, Suite 117, Ferndale, MI. The Landlord, Woodward Heights Commerce Center, LLC was represented by Stanley Sherman of Berridge & Morrison. Commencement date: 5/1/13.

Michael Koenigbauer, Matthew Farrell & Jeremiah Preston of CORE Partners represented the Landlord, EA&S Investments #2-850, LLC in a 1972 SF, 60 month office lease at 850 Stephenson Hwy., Suite 202, Troy, MI. The Tenant, Wellman Plastics Recycling, LLC was represented by Gary Grochowski of L. Mason Capitani. Commencement date: 6/1/13.

Thomas Schoenberger, Jeremiah Preston & Matthew Farrell of CORE Partners represented the Tenant, Wash Multifamily Laundry Systems, LLC in a 30,930 SF, 96 month Industrial lease at 12866 Richfield Ct., Livonia, MI. The Landlord Richfield AM, LLC was represented by Tracy Chatlin of Richfield AM, LLC. Commencement date: 7/1/13.

Ted Wilson & Matthew Farrell of CORE Partners represented the Landlord, Auburn Real Estate Ventures in a 3,328 SF, 3 month office lease renewal at 691 N Squirrel Rd., Auburn Hills, MI. The Tenant, Jones Lang LaSalle was represented by CORE Partners as well. Commencement date was 5/1/13.

Michael Farrell & Caryn Pengelly of CORE Partners represented the Landlord, 1026, LLC in a 2,885 SF, 62 month lease at 1026 W 11 Mile Rd., Royal Oak, MI. The Tenant, Gudeman & Associates was represented by themselves. Commencement date: 6/1/13.

Michele Rosenblum, Jeremiah Preston & Matthew Farrell of CORE Partners represented the Tenant, Hospice of Michigan in a 4,380 SF, 12 month lease renewal at 3995 Fashion Square Blvd., Saginaw, MI. The Landlord is Tri-State Developers. Commencement date: 7/1/13.

Ted Wilson of CORE Partners represented the Tenant, Discovery Services, Inc. in a 5,693 SF Office lease at 17515 W Nine Mile Rd., Suite 524, Southfield, MI 48075. The Landlord, TNHYIF Inc. was represented by Dan Verdebar of Friedman Real Estate Group. Lease Commencement date: TBD

Ted Wilson & Matthew Farrell of CORE Partners represented both the Landlord, Auburn Real Estate Ventures in a 905 SF, 12 month office lease expansion at 691 N Squirrel Rd., Auburn Hills, MI. The Tenant, DeStaco was represented by CORE Partners as well. Commencement date was 5/1/13.

Jeremiah Preston & Matthew Farrell of CORE Partners represented the Seller, 888 Enterprise Drive, LLC in the sale of a 60,325 SF Office building at 888 Enterprise Dr., Pontiac. The Purchaser, Arts & Technology Academy of Pontiac was represented by Bill Ballard of Ballard Realty. Closing Date: 5/31/13.

Jeremiah Preston, Mel Stern & Matthew Farrell of CORE Partners represented the Landlord, Cumberland Global, LLC in a 14,939 SF, 128 month lease renewal to Records Deposition Services, Inc. who was represented by Sam Munaco of Advocate Real Estate Advisors. Lease Commencement is 7/1/13.

Eric Banks & Matthew Farrell of CORE Partners represented both the Landlord, Nedatsnov Development, LLC and Tenant, Rail & Anchor in a 1,412 SF, 60 month lease at 502 S. Washington St., Royal Oak, MI. Lease Commencement is TBD upon completion of Tenant Improvements.

Alan Stern & Eric Banks of CORE Partners represented the Landlord, 29649 Northwestern Hwy., LLC in a 900 SF, 36 month retail lease at 29717 Northwestern Hwy., Southfield, MI. The Tenant, Gray’s Anatomy, Inc. was represented by CORE Partners also. Commencement date:6/1/13.

Jeremiah Preston, Michele Rosenblum & Matthew Farrell of CORE Partners represented the Tenant, Hospice of Michigan in a 1,950 SF, 24 month lease renewal at 1930 Apple Ave., Suite M, Muskegon, MI. The landlord is LHR Properties. Commencement date: 6/1/13.