FRIEDMAN APPOINTED EXCLUSIVE LEASING & MARKETING AGENT FOR RALEIGH MICHIGAN STUDIOS

Posted on February 15, 2011

Pontiac, Michigan (February 15, 2011) – Raleigh Michigan Studios, the only built-for-production film and television studio in the state of Michigan, is pleased to announce that Friedman Integrated Real Estate Solutions has been engaged as the exclusive marketing and leasing agent for 100,000 square feet of office space on the studio lot.

These offices will collectively operate in a media campus environment by catering to creative industry businesses and services that thrive in the atmosphere of a film and television studio. Upon completion, Raleigh Michigan Studios will be the largest film production studio in the Midwest, providing Hollywood class production and sound stage facilities, including educational training programs with a goal to employ 3,500 Michigan residents. Raleigh Michigan Studios is located at 1999 Centerpoint Parkway in Pontiac, Michigan and is a partnership between Raleigh Studios, Nelson Ventures, Walbridge Aldinger CEO John Rakolta, The Taubman Group, and William Morris Endeavor’s Ari Emanuel.

“We are thrilled to be part of such a unique and exciting opportunity in Michigan”, said Steve Eisenshtadt, Senior Vice President and head of Friedman’s Film and Production Services group. “We’ve witnessed the arrival of many new productions and production related services in Michigan over the past few years, but have not seen a state-of-the-art facility like Raleigh that is tailor made to suit the specific needs of this industry”. Eisenshtadt and his associate, Ryan Snoek are responsible for working with local and national production related users interested in short or long term leases at Raleigh’s creative studio campus.“

“This is a unique opportunity for companies to be a part of something that really can have an impact on the state of Michigan”, said Michael Moore, President of Raleigh Studios. “Friedman is a respected company and the perfect partner to help place companies that will be best suited to take advantage of the studio environment.”

ABOUT RALEIGH STUDIOS:

With over 2.5 million square feet of sound stage, office and support space, the Raleigh Entertainment companies; Raleigh Studios, Raleigh Film, Hollywood Rentals, Olesen Lighting, and ESS, comprise the largest independent studio and production support operation in the United States. Raleigh Studios has locations in Hollywood, Manhattan Beach, Playa Vista, Baton Rouge, Atlanta, Budapest, and now Pontiac, Michigan.

For additional information visit www.raleighstudios.com

Raleigh Studios contact: Michael Newport, Director of Marketing & Client Development

P: 323-960-FILM

mnewport@raleighstudios.com

ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS:

Founded in 1987, Friedman Integrated Real Estate Solutions is one of the Midwest’s largest locally owned and operated commercial real estate organizations. Friedman represents banks, special servicers, institutions, property owners, national and regional retailers, and commercial tenants in every size range. Friedman manages over 95 facilities encompassing more than 10 million square feet of commercial and multi-family properties throughout Michigan, Ohio, Indiana, Florida, Kentucky, Tennessee, and Arizona.

Friedman’s completely integrated in-house service lines include brokerage, full-service property and asset management, space design and architectural services, construction and project management, graphic design and marketing, as well as a specialized distressed asset services group providing valuation and pro-forma analysis, multi-scenario financial modeling, loan sales, investment sales, turnaround management and receivership services. We provide our clients with a single point of contact for the entire range of services we offer.

As owners and managers of commercial property for more than 25 years, Friedman understands what it takes to achieve results that maximize the client’s objectives.

For leasing information contact:
Steve Eisenshtadt, Senior Vice President
P: 248.324.2000
steve.eisenshtadt@freg.com
Ryan Snoek, Brokerage Associate
P: 248.324.2000
ryan.snoek@freg.com