Farbman Group completed a portfolio sale of four office buildings totaling more than 480,000 square feet throughout Southeast Michigan.
“I couldn’t be more thrilled with our brokerage team’s due diligence on this transaction,” said Andrew Farbman, chief executive officer of Farbman Group. “Our team is not only seeing an up-tick in purchase activity, but lending activity as well. This portfolio sale is just the beginning of a continued strong year for our company.”
Farbman Group brokers Bill Bubniak, Alis Manoogian and Mario Giglio III represented the seller, Promanas, in the transaction to a real estate investment firm out of New York.
The portfolio sale included Oak Hollow Gateway and Centrum Office Center in Southfield, Laurel Office Park in Livonia and Drake Pointe Office Building in Farmington Hills.