McKinley Institutional Commercial Real Estate recently closed the successful disposition of a portion of the State Street Executive Park in Ann Arbor, Mich.
McKinley took over management of the two-building asset totaling 21,667 square feet in May of 2012. During its time managing the property, a lease was executed for the entire 5230 building to Progenity, a genetic-testing lab.
Progenity has since decided to purchase the building.
McKinley will continue to manage the other 5200 building.
