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/n EAST LANSING – September 19, 2012 – CBRE|Martin (CBRE) is pleased to announce that CBRE Associate and Office Advisor Thomas Jamieson has negotiated the sale of 514 Michigan Avenue in East Lansing. The purchaser is Wolf River Development Company.
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/n Occupied by Koehler’s Printing and Graphics for over 32 years, the existing building on the 0.33-acre lot is being razed to make way for a mixed-use development. The four-story, 23,200-square-foot project will include 16 four-bedroom student apartments and 1,200 square feet of ground floor commercial space, which will be occupied by Koehler’s.
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/n Koehler’s will remain in business during construction of the new building, and is temporarily located at 1510 Rensen Street, Suite D in Lansing.
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/n “Tom Jamieson was a pleasure to work with,” said Tami Koehler. “CBRE not only negotiated the sale of the property, but helped locate and secure temporary space for us to occupy during the year-long construction process.”
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/n Dale Inman, a managing partner with Wolf River Development Company, reports that the development will be complete by August, just in time to welcome students for the 2013-2014 school year.
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/n About CBRE|Martin
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/n CBRE|Martin is a CBRE affiliate office serving Mid-Michigan. CBRE|Martin offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; and research and consulting. Please visit our web site at www.cbrelansing.com.
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/n About CBRE
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/n About CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
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/n Contact:
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/n Tricia L. Foster, CPM, ACoM©
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/n Sr. Managing Director & COO
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/n T 517.351.2200
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/n tricia.foster@cbre.com
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/n Thomas Jamieson
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/n Associate/Office Advisor
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/n T 517.319.9235
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/n thomas.jamieson@cbre.com
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