Southfield, Michigan – Signature Associates has negotiated the sale of 31,395 square feet of retail space located at 425-445 S. Main Street in Frankenmuth, Michigan.
/nJim Montgomery and Bruce Baja of Signature Associates represented both the seller, Bank of America and the purchaser, Frankenmuth Brewery Real Estate LLC.
/nThe intention of the new owners is to be operational by the summer of 2009.
Signature Associates (www.signatureassociates.com), with offices in Southfield, Lansing, Grand Rapids, Muskegon, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diversity of services, including industrial, office, and retail brokerage, investment sales, property/asset management, market research, mortgage banking and advisory services. Signature’s Alliance Member, Cushman and Wakefield, is the world’s preeminent commercial real estate services firm. Cushman, with 221 full-service offices in 58 countries, delivers integrated solutions by actively advertising, implementing and managing on behalf of landlords, tenants and investors through every stage of the real estate process. In 2007, C&W’s 15,000 professionals completed transactions totaling approximately $54 billion.