Recent Transactions Articles
Completed Transactions for CORE Partners – April 2012
Michael Koenigbauer & Ted Wilson of CORE Partners represented the Landlord-Waterways Group, LLC in a 6,336 SF, 66 month office lease at 3100 Dixie Hwy., Waterford, MI. Hayman Co. represented the Tenant, Kids Now Children’s Development Center. Lease commencement was 4/1/12.
Michael Koenigbauer & Matthew Farrell of CORE Partners represented the Landlord-EA&S Investments #2-850, LLC in a 1,254 SF, 24 month office lease at 850 Stephenson Hwy., Suite 205, Troy, MI. CORE Partners also represented the Tenant Linda Weston. Lease commencement is 5/1/12. Read More »
Completed Transactions for CORE Partners – March 2012
Matthew Farrell of CORE Partners represented the Tenant – Allied Integrated Marketing in a 1,913 SF 66 month office lease at 40900 Woodward Ave., Suite 305, Bloomfield Hills, MI. The Landlord – Summit Stoneridge, LLC. Lease commencement – 1/1/12.
Michael Koenigbauer & Matthew Farrell of CORE Partners represented the LandlordEA&S Investments #2-850, LLC in a 4,187 SF, 36 month office lease at 850 Stephenson Hwy., Suite 400, Troy, MI. Nick Murphy of Lee & Associates represented the Tenant, KOTRA. Lease commencement – 3/1/12. Read More »
Completed Transactions for CORE Partners – February 2012
Michael Koenigbauer & Matthew Farrell of CORE Partners represented the Landlord – EA&S Investments #2-850 LLC in a 645 SF 12 month office lease at 850 Stephenson Hwy., Troy, MI. The Tenant – AI Software was represented by Laura Vedder of Compass Commercial. Lease commencement – 3/1/12.
Michael Farrell & Mel Stern of CORE Partners represented the Landlord – Wixom Industrial Complex and the Tenant – Great Lakes Ammunition LLP in a 1,950 SF 37 month Office lease at 48155 West Rd., Unit 4, MI. Lease commencement – 2/1/12. Read More »
Completed Transactions For Core Partners – January 2012
Matthew Farrell & Jeremiah Preston of CORE Partners represented the Tenant – Crowdrise, LLC in a 2,057 SF 38 month office lease at 301 W. 4th St, Royal Oak, MI. Lease commencement – 1/1/12.
Michael Koenigbauer & Matthew Farrell of CORE Partners represented the Tenant – Reforma Group in a 16,860 SF 90 month Industrial lease at 20777 East St., Southfield, MI. Lease commencement – 1/1/12. Read More »
Completed Transactions for CORE Partners – December 2011
Matthew Farrell & Jeremiah Preston of CORE Partners represented both the Tenant – Managed Rehabilitation Consultants, Inc. and Landlord – Tritech Properties in a 3,804 SF 67 month office lease at 39303 Country Club Dr., Farmington Hills, MI. Lease commencement – 2/1/12.
Ted Wilson of CORE Partners represented the Tenant – Brock Group in a 1,176 SF 39 month office lease at 100 W. Long Lake Rd., Bloomfield Hills, MI. The Landlord was Century Associates, LLC. Lease commencement – 12/1/11. Read More »
Completed Transactions for CORE Partners – November 2011
Michael Farrell & Matthew Farrell of CORE Partners represented the Tenant – Secure 24 in a 50,446 SF 132 month lease at 26955 Northwestern Hwy., Southfield, MI. The Landlord – First Center Southfield, LLC was represented by Signature Associates. Lease commencement – 2/1/12.
James Held, Eric Banks & Matthew Farrell of CORE Partners represented the seller (Fifth Third Bank) in a sale of a 14,000 SF Industrial building at 24288 Indoplex Circle, Farmington Hills, MI. The buyer was Celani Family Limited Partnership. Closing date - 11/7/11. Read More »
Henniges Automotive to build headquarters in Auburn Hills tech park
Daniel Duggan, Crain’s Detroit Business
The Farmington Hills-based auto supplier Henniges Automotive North America Inc. is set to break ground as early as next month on a 55,000-square-foot headquarters in Auburn Hills.
The deal marks the second in the Oakland Technology Park — former Chrysler Group LLC land purchased in March 2010 by Southfield-based General Development Co.
While General Development will develop the building, Livonia-based Schostak Bros & Co. will own it and lease it to Henniges, said Randy Thomas, president of Southfield-based Insite Commercial. Insite brokered the deal along with Matt Farrell, executive principal with Birmingham-based CORE Partners LLC. Read More »
Ronnisch Construction’s “Saab story”
When Ronnisch Construction moves into its new Birmingham office space in a couple months it ends a saga for what has become a nomadic construction firm.
The story goes back almost a year, when company president Bernie Ronnisch was looking for a sublet tenant at the 13,000-square-foot building his firm owns at 4327 Delemere Court in Royal Oak.
It’s an interesting building, tucked back in an industrial district, and built-out by Ronnisch’s firm to be used as a showcase for its construction skills.
“It’s a beautiful building, and we didn’t need the whole thing but we didn’t want to move either,” he said. Read More »
Assist goes to the Palace
Twice in the last decade, the owner of the Palace of Auburn Hills has bought a restaurant building on Lapeer Road, found a new owner and then sold it.
As a cheap basketball analogy, they’ve come in with the assist twice after restaurateurs fouled-out.
Auburn Hills-based Palace Sports & Entertainment Inc. recently sold the 5,000-square-foot restaurant building at 2655 Lapeer Rd. (about a quarter mile south of the Palace).
Following the chain of ownership, Palace Sports bought the building in January, 2009 after a deed-in-lieu of foreclosure put it in bank-owned hands from the owners of the Rocket Family Restaurant, according to info from the CoStar Group. Read More »
