P.A. Commercial closed a long-term lease for a 66,000-square-foot office space at 26200 Lahser Road in Southfield, Michigan.
This transaction will accommodate the new location for Crescent Academy, a rapidly growing charter school offering instruction from pre-kindergarten through eighth grade, committed to providing quality education to students in the region. The strategically located property in Southfield offers an ideal environment for the school, providing the necessary size, layout, and amenities to foster an enriching educational experience.
Matt Schiffman and Mike Gunn from P.A. Commercial represented the landlord, Foster Financial, in this high-profile transaction. Schiffman and Gunn leveraged their extensive office market knowledge and negotiation expertise to secure a lease that aligns with Foster Financials’ strategic goals, while also meeting the needs of Crescent Academy.
Transwestern and OPEN Impact Real Estate represented the tenant, Crescent Academy, in this transaction. Their commitment to understanding the unique needs of educational institutions was instrumental in ensuring that Crescent Academy found a space that supports its mission and future growth.
