Farmington Hills, Michigan (September 26, 2014) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold Orchard and Telegraph Plaza, a 9,065 SF neighborhood retail strip center located at 973-975 Orchard Lake Road in Pontiac, Michigan. The newer constructed all-brick center sits on a 0.85 acre parcel at the northeast corner of Telegraph Road and Orchard Lake Road in a highly-developed residential area of Pontiac, between the communities of Bloomfield Township and Waterford Township in Oakland County, Michigan. The center receives significant traffic draw from one of the highest grossing Home Depot stores in the Midwest located directly across the street.
Barry Swatsenbarg, National Director, Investment and Loan Sale Advisory Services and Rich Deptula, Senior Vice President, Investment and Loan Sale Advisory Services at Friedman represented both the buyer and seller in this transaction.
ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS
Recognized as one of the largest privately-held 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 services it offers.
Friedman manages over 140 facilities encompassing more than 16M SF of commercial and over 8,000 multi-family units across the country. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for over 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.
For more information, please visit: www.friedmanrealestate.com.
