Southfield, Michigan – Signature Associates has negotiated the sale of 35,480 square feet of retail space located at 24041-24105 Michigan Avenue in Dearborn, Michigan.
/nBruce Baja of Signature Associates represented the purchaser, West Dearborn Lodging, LLC.
/nThe site formerly occupied by the Showcase Theater and Wendy’s will be redeveloped with plans for a 110 +/- room hotel plus additional retail space.
The site formerly occupied by the Showcase Theater and Wendy’s will be redeveloped with plans for a 110 +/- room hotel plus additional retail space. 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 230 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 2008, C&W’s 15,000 professionals sold and leased 445 million square feet, totaling approximately $76 billion.