Featured Articles
Ferndale’s Garden Fresh expanding into the meat business
In August 2011 CORE Partners sold Garden Fresh owners, Jack & Annette Aronson their Corporate Headquarters Building in Ferndale. Now with over $100 million in sales the salsa juggernaut is expanding into the meat business.
Garden Fresh Expands into the meat business
Housing Market Rebounds
Housing market rebounds Crain’s Detroit Business-040813
Adell Project Planned for Novi site
CORE Partners is part of a $100 Million Development Project expected to break ground this year
$100 million Novi development expected to break ground later this year | Crain’s Detroit Business
COMPLETED TRANSACTIONS FOR CORE PARTNERS – MARCH 2013
Completed Transactions for CORE Partners
March 2013
Michael Koenigbauer, Melvyn Sternfeld & Matthew Farrell of CORE Partners represented both the Tenant, Fabinski & Associates/Schorling & Associates & Landlord, EA&S Investments #2-850, LLC in a 1,883 SF, 66 month office lease at 850 Stephenson Hwy, 306, Troy, MI. Commencement date: 4/1/13.
Alan Stern of CORE Partners represented the Tenant, Sherwin Williams, in a 2,850 SF 65 month office lease at 2550 Telegraph Rd., Suite 118, Bloomfield Hills, MI. The Landlord, 2550 Telegraph Road Office Building, LLC was represented by Todd Hawley of Friedman Real Estate Group. Commencement date: 8/1/13.
Michael Koenigbauer & Matthew Farrell of CORE Partners represented both the Tenant, Korea Business Center Detroit & Landlord, EA&S Investments #2-850, LLC in a 648 SF, 24 month office lease expansion at 850 Stephenson Hwy, 400, Troy, MI. Commencement date: 4/1/13.
Ted Wilson & Matthew Farrell of CORE Partners represented both the Tenant, Trea Corp Appraisal & Landlord, Auburn Real Estate Ventures in a 905 SF, 60 month office lease at 691 N Squirrel, Suite LL160, Auburn Hills, MI. Commencement date: 5/1/13.
Alan Stern of CORE Partners represented the Landlord, DBO Investments, LLC, in a 2.400 SF 36 month office lease at 504 E 4th St., Royal Oak, MI. The Tenant, Clarus Lighting & Controls was represented by Maudi Moody of Lucido Real Estate. Commencement date: 4/8/13.
Michael Farrell, Eric Banks, Jeremiah Preston & Matthew Farrell of CORE Partners represented both the Tenant, Camoplast Crocker/EXO-S & Landlord, EA&S Investments #35-Sandy, LLC in a 1,707 SF, 60 month office lease renewal at 1500 W. Big Beaver Rd., Suite 101C, Troy, MI. Commencement date: 3/1/13.
Alan Stern of CORE Partners represented the seller, Cooliemon Holdings, LLC in the sale of a 17,100 SF Industrial building at 24130 Telegraph Rd., Southfield. The buyer, The W Investors Group, LLC was represented by Lucido Real Estate. Closing date: 3/25/13.
Michele Rosenblum, Jeremiah Preston & Matthew Farrell of CORE Partners represented both the Tenant, Strategic Protection Group, Inc. & Landlord, Greenfield Road Holdings, LLC in a 4,004 SF, 12 month office lease renewal at 25900 Greenfield Road, Suite 144, Oak Park, MI. Commencement date: 2/1/13.
Alan Stern of CORE Partners represented the Tenant, Benefits Technologies, LLC in a 180 SF, 12 month office lease at 28175 Haggerty Rd., Suite 149, Novi, MI. The Landlord is Americenter, Inc. Commencement date: 4/1/13.
Eric Banks, Matthew Farrell & Jeremiah Preston of CORE Partners represented the Landlord, Nedatsnov Development, LLC in a 2,818 SF 60 month retail lease at 500 S. Washington St., Royal Oak, MI. The Tenant, Citizen Yoga was represented by Armada Real Estate. Commencement date: 4/1/13
Eric Banks of CORE Partners represented both the Tenant, Victorian Tea House & Landlord, Birmingham Riverside, LLC in a 1,520 SF, 64 month lease at 185 N. Old Woodward Ave., Birmingham, MI. Commencement date is upon completion of tenant improvements.
Major Project Planned for Novi Expo Center Site
http://detroit.cbslocal.com/2013/04/03/major-project-slated-for-novi-expo-center-site/
COMPLETED TRANSACTIONS FOR CORE PARTNERS – FEBRUARY 2013
Completed Transactions for CORE Partners January 2013
Michael Koenigbauer, Matthew Farrell & Jeremiah Preston of CORE Partners represented the Landlord, EA&S Investments #2-850, LLC in an office lease renewal of 2,238 SF for 12 months at 850 Stephenson Hwy, Suite 402, Troy, MI. to AIM Insurance. Commencement date: 1/1/13.
Eric Banks and Rachele Downs of CORE Partners represented the Tenant, Sogeti USA, LLC in an office lease of a 3,152 SF for 65 months at 26957 Northwestern Hwy., Suite 130, Southfield, MI. The Landlord, First Center Southfield, LLC was represented by Signature Associates. Commencement date: 1/1/13.
Ted Wilson & Matthew Farrell of CORE Partners represented both the Tenant, Fieldstone Engineering & Landlord, Auburn Real Estate Ventures in a 2,043 SF, 60 month lease at 691 N Squirrel Rd., Suite 108, Auburn Hills, MI. Commencement date: 2/1/13.
Caryn Pengelly of CORE Partners represented the Landlord, A & R Management Co. in a 1,846 SF, 67 month lease at 2539 W 12 Mile Rd., Warren, MI to Dr. Oleh Bolukh was represented by Carole Rich of Lee & Associates. Commencement date: 1/1/13
Ted Wilson & Matthew Farrell of CORE Partners represented both the Tenant, Process Solutions and Engineering Inc. & Landlord, Auburn Real Estate Ventures in a 1,532 SF, 12 month lease at 691 N Squirrel Rd., suite 145, Auburn Hills, MI. Commencement date: 12/1/12.
Ted Wilson of CORE Partners represented the Tenant, Asian Pacific American Chamber of Commerce in a 1,475 SF, 39 month lease at 3155 W. Big Beaver Rd., Suite 106A, Troy, MI. The Landlord is Troy Place Associates represented by Larry Nemer. Commencement date: 1/1/13
Michael Koenigbauer of CORE Partners represented the Tenant, Prestige Home Health Services in an office lease of 1,388 SF for 39 months at 550 Stephenson Hwy, Suite 302, Troy, MI. The Landlord is Robbins Investments #550, LLC and was represented by Steve Wohlman at Hayman Company. Commencement date: 2/1/13.
Michael Koenigbauer of CORE Partners represented the Tenant, Engineering Laboratories, Inc. in an office lease of 2,002 SF for 38 months at 1861 E Maple Rd., Troy, MI. The Landlord is Ogne Alberts & Stuart and was represented by Paul Mychalowych of Birmingham Realty LLC. Commencement date: 2/1/13.
Alan Stern, Michael Farrell, Matthew Farrell & Eric Banks of CORE Partners represented both the Landlord, EA&S Investments #35-Sandy, LLC & Dynamic Rehabilitation in an office lease of 9,281 SF for 120 months at 1500 W. Big Beaver Rd, Suite 150, Troy, MI. Commencement date: 4/1/13.
Ted Wilson, Jeremiah Preston, Matthew Farrell & Eric Banks of CORE Partners represented both the Landlord, EA&S Investments #6-Butterfield, LLC & North American Distribution Services, Inc. in an office lease of 5,320 SF for 60 months at 2125 Butterfield Dr., Suite 299N, Troy, MI. Commencement date: 2/1/13.
Ted Wilson & Matthew Farrell of CORE Partners represented the Landlord, Auburn Real Estate Ventures in an office lease renewal of 1,132 SF for 60 months at 691 N. Squirrel, Suite 185, Auburn Hills, MI. The Tenant, Rona Lum, P.C. was represented by Lynn Drake of Compass Commercial. Commencement date: 4/1/13.
CORE Partners Sponsors the Bloomfield Hills Optimist Club’s Children’s Holiday Wish Program
CORE Partners Holiday Party Photos
CORE Partners Holiday Party at MGM Grand Hotel & Casino
What is new in the Land Use & Zoning
February 01, 2013
Land Use and Zoning
With the economy turning around, developers are beginning to feel more comfortable in starting new projects and lenders are more willing to lend on commercial development. New commercial development impacts local zoning regulations, which, may result in federal lawsuit when a local community allows a lawful use to proceed.
