Farmington Hills, Michigan (June 19, 2014) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 94,038 square foot retail building in Bay Town Plaza located at 4305 Bay Road in Saginaw, Michigan. Barry Swatsenbarg, National Director, Investment & Loan Sale Advisory Services, and Rich Deptula, Senior Vice President, Investment and Loan Sale Advisory Services, represented the seller.
Bay Town Plaza shopping center sits at the southwest corner of Bay Road (M-84) and Schust Road south of Tittabawassee Road, less than a mile west of I-675 and a few miles of I-75. The buyer plans an extensive re-development of the 94,038 square foot building.
“This is situated in a highly developed commercial and residential area, making it an ideal location in the heart of the area’s retail hub directly across the street from Fashion Square Mall, mid-Michigan’s second largest enclosed mall with over 800,000 square feet of retail space,” said Swatsenbarg.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
Recognized as one of the largest privately-held commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of services it offers.
Friedman manages over 140 facilities encompassing more than 16M SF of commercial and 7,000 multi-family units across the country. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for over 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.
For more information, please visit: www.friedmanrealestate.com.