High-Image, High-Impact: 950 Stephenson Hwy Sold in Just 2 Months
P.A. Commercial is proud to announce the successful sale of 950 Stephenson Highway in Troy, Michigan—a prominent 69,328-square-foot high-image multi-tenant office building with excellent I-75 visibility.
Represented by Matt Schiffman and Mike Gunn, the seller achieved an outstanding outcome in a highly competitive market. The property was marketed as a value-add investment opportunity with leases in place through 2027, offering immediate cash flow with upside potential.
Featuring modern interiors, a flexible floor plan, high-speed internet, and an impressive auditorium available for tenant use, 950 Stephenson Highway stood out as a prime asset for businesses seeking visibility, accessibility, and high-quality amenities.
During the marketing period, Matt and Mike further enhanced the property’s value by negotiating a new three-year lease, showcasing the building’s ongoing leasing momentum and strengthening its appeal to investors.
After just two months on the market, the property was purchased for $3,800,000 by a local businessman eager to capitalize on the building’s strong fundamentals and future potential.
Congratulations to our team and all parties involved in this successful transaction!