GRAND RAPIDS, MI – New York-based, Time Equities Inc. has acquired the 250,524-square-foot, multifamily property, The Brix in Grand Rapids, MI, for $68.3 million.
The acquisition represents the state's highest sales price for a multifamily development since 2019.
The Brix encompasses two buildings, located at 414 Benson Ave and is currently 93% occupied.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
