/n Farmington Hills, MI (January 18, 2011) – Friedman Real Estate Group, Inc. recently negotiated the lease of a 3,940 square foot freestanding office building known as Stoneridge IV, located at 40800 Woodward Avenue in Bloomfield Hills, Michigan. The space was leased to Communicare, LLC, a growing Florida based company specializing in reacquainting brain trauma victims with everyday activities. Communicare is among a growing number of out of state companies looking to expand into the metro Detroit market due to the favorable economics. Al Ellis and his team, associates with Friedman Real Estate Group, Inc., represented the landlord and the tenant in this transaction. The landlord, Vanilla Woodward, was encouraged with the amount of activity he was shown, and the quick turnaround to complete this transaction. “I am confident that without the hard work and persistence of Al Ellis and his team, my building would still be vacant”, said Remo Polselli (Vanilla Woodward). Al Ellis and his team procured a tenant, negotiated and executed the lease within fifty (50) days after listing the property.
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/n ABOUT THE FRIEDMAN COMPANIES
/n Founded in 1987, Friedman Real Estate Group, Inc. is one of Michigan’s largest locally owned and operated commercial real estate organizations. Friedman provides a complete package of commercial brokerage services to clients throughout Metropolitan Detroit. As a full service company, Friedman takes an innovative and personalized approach to real estate brokerage. Friedman’s individualized client attention ensures customer satisfaction and quality control.
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/n As the property and asset management arm of the Friedman Companies, Finsilver/Friedman Management Corporation is one of the Midwest’s largest managers of commercial real estate. Finsilver/Friedman manages over 90 facilities encompassing over 10 million square feet of commercial and multi-family properties throughout Michigan, Ohio, Indiana, and Florida.
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/n The Friedman Companies represent institutions, major property owners, national and regional retailers. Friedman provides a broad spectrum of services including land services, tenant representation, investment brokerage, facilities planning, space planning, interior design, full service accounting, physical property management, construction management, financial analysis, risk management, strategic asset management, acquisition and disposition services. www.friedmanrealestate.com.
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