Friedman Integrated Real Estate Solutions recently sold Premier Medical Office, a 44,833-square-foot medical/office building located at 44000 W 12 Mile Road in Novi, Mich.
Griffin-American Healthcare REIT III Holdings, LP purchased the building.
Constructed in 2006, the two-story, high-quality building is well-located in the Novi suburban office market and is well-occupied by a collection of well-respected physician practices.
Barry Swatsenbarg, National Director, Investment and Loan Sale Advisory Services, and Richard Deptula, Senior Vice President, Investment and Loan Sale Advisory Services at Friedman represented both the seller and the purchaser in this transaction.