FRIEDMAN’S STEVEN SILVERMAN SELLS 11,500 SF VALUE-ADD RETAIL PROPERTY IN NORTH RANDALL, OHIO

Posted on November 13, 2017

Farmington Hills, Michigan (November 13, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold Northfield Miles Plaza a 11,500 SF value-add retail property located at 4771 Northfield Road in North Randall, Ohio. The seller, Gorjian North Randall LLC sold the property to Rudra Trading, LLC.

Steven Silverman Associate, Investment Advisory Services represented both the seller and the buyer in this transaction.

“The property received significant interest at auction due to it being located directly across the street from the recently announced Amazon distribution center. The local Ohio investor is enthusiastic about the substantial upside potential through lease-up, capital improvements, and improved property management,” said Silverman.

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.