Deals + Doings

December 3, 2020

13,632 SF Building in Troy’s Hot Industrial Market Sells for $1.1M

P.A. Commercial is pleased to announce the sale of a 13,632 SF industrial building in Troy, Michigan. The sale closed for $1,100,000 million.

John De Wald, Principal, of P.A. Commercial represented the seller in this transaction. The buyer is a mechanical contractor.

Formerly CemCare Inc, a cleaning and fire and water damage restoration company, the building was under the same ownership since 1976 and had been exceptionally maintained throughout the last four decades. The property was on the market for just four months before closing.