/nSignature Associates has negotiated the sale of 31,689 square feet of industrial space located at 1900 Stephenson Highway, Troy, Michigan to Chester Limited III, LLC.
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/nPaul Hoge and Angela Thomas of Signature Associates represented the seller, 1900 Stephenson, LLC. This acquisition represents an expansion for Johnstone Supply Co.
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/nAbout Signature Associates
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/nSignature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the regions leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research.
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/nIn 2016, Signature completed more than 1,260 transactions totaling 32.2 million square feet and 2,100 acres with a value of $1.1 billion. Additionally, the firm manages more than 8 million square feet of commercial space for its third-party clients, making us one of the largest locally owned property management firms in the market. Over the past 10 years, the firm has closed $9.2 billion in transactions solidifying their position as the commercial real estate leader in Michigan and Northwest Ohio.