Friedman’s Larry Schultz Sells a ±5,151 SF Retail Asset in Lake Orion, Michigan

Posted on April 8, 2020

Farmington Hills, MI – (April 8, 2020) Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a ±5,151 square foot development site located in a Lake Orion, Michigan. Friedman’s Larry Schultz, Vice President of Brokerage Services, represented both buyer and seller in the transaction.

The property was purchased by a developer/investor who will be converting the building into an urgent care facility that will be occupied by Beaumont. The tenant, Northern Flooring, has relocated to 118 Indianwood Road in Lake Orion and remains open for business.

About Friedman Real Estate

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

Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 22,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $20 billion in closed transactions. As owners and managers of commercial property for over 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at www.friedmanrealestate.com and on LinkedInFacebookInstagramYouTube, and Twitter.

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