FRIEDMAN ADDS TROY TECHNOLOGY PARK TO ITS PROMINENT TROY LEASING AND MANAGEMENT PORTFOLIO

Posted on October 8, 2015

Farmington Hills, Michigan (October 7, 2015) Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, will bring its integrated management, leasing, design, and construction platform to Troy Technology Park. Located along John R. between Maple and 14 Mile Road in the heart of Troy’s hi-tech corridor, Troy Technology Park offers flexible office/research space in a prime location with proximity to Fiat Chrysler Automobiles’ World Headquarters, the GM Tech Center in Warren and numerous automotive and defense industry firms.  Prominent tenants within the park include Raytheon, Schneider Electric, LG Electronics, Quest Diagnostics and LG Chem Power.

Troy Technology Park is a modern office/research complex that provides an ideal mix of features and amenities.  The campus-like setting consists of four (4) single story office/research buildings and a three (3) story office building.  Spaces are available from 1,800 – 45,000 square feet.  The property features 10’ finished ceilings as well as an unfinished ceiling height ranging from 14’-18’ for ultimate flexibility.  Tenants have individual control of heating and cooling, as well as private entrances and interior and exterior security systems.  Prominent building and monument signage is available.  The property’s excellent location along John R Rd. provides tenants with numerous options for dining, shopping, entertainment, and daily-needs retail.

“Similar to the great success we achieved with North Troy Corporate Park, we will transform Troy Technology Park into one of the most appealing options for companies seeking a modern office environment in the Troy area.  Our team is looking forward to this exciting opportunity,” said David Friedman, President & CEO.

The Troy submarket is located in the center of Oakland County, which is home to over 1.2 million residents, making it the second largest county in the state. The city is home to over 6,100 businesses that employ approximately 125,000 people, including the world headquarters of Fortune 500 Company, Kelly Services. Troy is comprised of 18 million square feet of office space and 20 million square feet of manufacturing and engineering space. Major national and international companies located in Troy include Bank of America, Beaumont Troy Hospital, Syntel Inc., Huntington Bank, Magna International, PNC Bank, United Shore Financial Services and Valeo.

Troy has been recognized for its excellent quality of life due to its low cost of living, exemplary education options and low tax rates. The city also provides a multitude of recreational activities with over 1,000 acres of land, two golf courses and numerous lakes and streams. Residents of Troy experience a competitive business environment combined with an exceptional quality of life.

Friedman has proven success with its turnaround management expertise in multiple markets throughout the U.S. One recent example of this success locally is the 1.2 million square foot North Troy Corporate Park in Troy, Michigan. After significant re-branding, marketing, renovations and improvements, Friedman persuaded both Magna International, Inc., a leading global supplier of technologically advanced automotive systems, and Dunham’s Sports, the Midwest’s largest sporting goods chain, to move their respective headquarters to the park. Other major tenants located in the park include Siemens, AGS and Henry Ford Health System. Since Friedman began managing and leasing the properties that make up the North Troy Corporate Park in May 2012, the park’s occupancy rate has more than doubled.

For leasing information visit: www.friedmanrealestate.com/listing/troy-technology-park/

ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.

For more information, please visit: www.friedmanrealestate.com.

For additional information: http://www.rejournals.com/2015/10/09/friedman-integrated-real-estate-solutions-adds-tory-technology-park-to-its-portfolio/