Martin Commercial Properties closed the purchase of 3490 Okemos Road at the Okemos/Jolly Road intersection in East Lansing, Michigan. Shawn O’Brien of Martin Commercial represented the buyer, Tommy Hannawa of Affinity 8 Investments, LLC, in the transaction.
The purchase of the 7,400-square-foot property puts into motion development of a corner that largely sat empty after the relocation of Dunkin Donuts and Sunoco gas station. Hannawa’s Affinity 8 group has also purchased the Tim Horton’s in the neighboring lot in an effort to create better traffic flow for retail businesses along that corridor.
Hannawa added that new construction on the property is scheduled to begin in the next 90 days.