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29 Jun2020

L. Mason Capitani/CORFAC International Brokers Sale of Troy, Michigan, Office Property

L. Mason Capitani/CORFAC International is pleased to announce the sale of the 70,000 square foot multi-tenant office building located at 550 Stephenson Highway in Troy, Michigan. Mason L. Capitani, SIOR, represented the purchaser, California-based LREH Michigan LLC, in the acquisition.

Recent renovations to the building include a new fast-track food service, a new electronic directory and new finishes in the restrooms and common corridors. The building was approximately 97% leased at the time of sale. L. Mason Capitani/CORFAC International will oversee all leasing efforts moving forward while the company’s affiliate, Liberty Property & Asset Management, will continue to implement all property management services at the property.

ABOUT L. MASON CAPITANI/CORFAC INTERNATIONAL
Founded in 1965, L. Mason Capitani/CORFAC International is a privately held commercial real estate service firm specializing in the sales, leasing and management of industrial, office, medical and retail properties in Michigan. The firm’s scope of services includes landlord and tenant representation, buyer and seller representation, site acquisition and build-to-suit facilitation.

 

MEDIA CONTACT

Patricia True Agos
773-758-5044
patricia@ktpronline.com

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