Colliers International closed the sale of 31,016 square feet of office space at 1985 W. Big Beaver Road in Troy, Michigan.
Gary Grochowski and Bryan Barnas at Colliers International Detroit represented both the seller, Cooke Properties, and buyer, Encore Development Group, in the sale.
Founded by Jason Hamama in 2013, Encore Development is a full-service real estate investment company that focuses on ground-up and redevelopment of commercial and multifamily properties.
Hamama plans to redevelop and lease the first-floor space, adjacent to Benihana, to a first-class restaurant. The restaurant will have the opportunity for Big Beaver signage, input in the building design and façade, and an outdoor patio alongside Benihana. Please refer to the attached building rendering.
