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Suburban Submarket Sees Sales, Leases

DETROIT-Four transactions involving Cushman & Wakefield brokers include an office building, vacant land and leases of industrial space. J & J Acquisitions LLC buys 11525 Brougham St. in Sterling Heights, MI for $96 per sf.

By Robert Carr | Updated on October 09, 2001

DETROIT-Office and industrial spaces in the suburbs have proven to be popular, at least with clients of Cushman & Wakefield. The Detroit area office recently was involved in four suburban transactions.

J & J Acquisitions LLC acquired a 3,000-sf office building located at 11525 Brougham St. in SterlingHeights, MI. The transaction is valued at $294,000. Jeffrey Buckler of Cushman & Wakefield represented the Warren-based buyer, which plans to use the building for its headquarters. The building was sold by Orlando Giovanni.

Soave Homes Inc. acquired a 5-acre land parcel at Beck Rd., across from Willow Run Airport in VanBuren Township, MI from the Katherine J. Foster Living Trust. Soave Homes, a Livonia-based residential and commercial construction company, plans to develop the parcel. Stephen Norton of Cushman & Wakefield represented Katherine J. Foster Living Trust and Jennifer Butterfield of Colliers represented Soave Homes Inc.

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