Deals + Doings

July 21, 2020

Kevin Bull and Dan Blugerman Sell 10,800 SF Multi-Tenant Industrial Building in Madison Heights

This fully-leased, 10,800 SF, multi-unit warehouse/distribution center investment opportunity was recently sold in Madison Heights. With an attractive 9.26% CAP rate and constant activity and interest, this property lasted just two short months on the market before being purchased by a private investor. The building sold for $560,000.

Kevin Bull and Dan Blugerman represented the seller in this transaction.