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/n Southfield, Michigan – Signature Associates has negotiated the sale of 66,208 square feet of industrial space located at 11900-11950 Globe Road, Livonia.
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/n Steve Gordon and Gary Sallen of Signature Associates represented the seller, Dexia Real Estate Capital Markets. Gary Sallen, Paul Hoge and Ben Wilkiemeyer represented the purchaser, Royal Bearing.
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/n Royal Bearing’s home office is in Portland, Oregon. This new facility will serve as a distribution hub for the mid-west.
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/n 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.
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/n Signature’s Alliance Member, Cushman and Wakefield, is the world’s preeminent commercial real estate services firm. Cushman, with 231 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 2009, C&W’s 15,000 professionals sold and leased 445 million square feet, totaling approximately $76 billion.