Grand River Annex Plaza

Overview

Signature Associates is pleased to present the opportunity to acquire Grand River Annex, a Class A multi tenant office asset located in Brighton, Michigan, one of the state’s fastest-growing cities. The 10.00-acre property totals 53,275 square feet of premier office space across eight (8) buildings constructed between 2003 and 2004. Additionally, the asset includes 243 surface parking spaces and is easily accessible from Grand River Avenue, Brighton’s most coveted commercial corridor. The asset is leased to a diverse mix of 17 tenants, with short term leases and below-market lease rates that provide an immediate value-add opportunity. The property is currently 70.09% occupied with a weighted average lease term (WALT) of 2.57 years.