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Farbman Picks Up Suburban Trophy Asset

DETROIT—The suburban office market continues to heal and build momentum after suffering for several years from both the recession and the migration of many companies into the CBD.

By Brian J. Rogal | Updated on May 31, 2015

DETROIT—Farbman Group/NAI Farbman has just purchased 27777 Inkster Rd. in suburban Farmington Hills from TD Auto Finance, which will continue as anchor tenant for the 275,000 square-foot property. The price was not disclosed. The purchase comes as the suburban office market continues to heal and build momentum after suffering for several years from both the recession and the migration of many companies into the CBD.

“It was hands down the best corporate headquarters building in the market,” Andy Gutman, president of Southfield, MI-based Farbman Group, tells GlobeSt.com.

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