Farmington Hills, Michigan (May 23, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a net leased Pizza Hut property located at 26800 Plymouth Road in Redford, Michigan. The seller, MKRM Plymouth Investments, LLC sold the property to HBIC, LLC.
Steven Silverman, Investment Advisory & Brokerage Services, at Friedman represented the seller in this transaction.
“The California based seller dealt the property to another California based investor. The buyer was seeking higher yields than can currently be achieved in the coastal markets. A win-win for all parties involved,” said Silverman.
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, Brokerage and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 11,000 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.