DealPoint Merrill Closes Escrow on a 95,000 Square Foot Industrial Warehouse in Redford, Michigan
DealPoint Merrill plans a $9 million renovation that is expected to commence the first quarter of 2023.
DealPoint Merrill's executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, President, handled the due diligence for the sale. Jason Limbert and Tyler Bendicksen completed the acquisition and underwriting, and Dave Rumsey, CFO of DealPoint Merrill’s capital markets, assisted with the equity-backed securities. Anthony Pellegrino III of P.A. Commercial, Michigan, represented the property.
About DealPoint Merrill:
With its corporate headquarters in Los Angeles and other offices in Nevada, Ohio, and New York, DealPoint Merrill has established a long-term national track record of success of value-added real estate opportunities and sponsor of real estate investment offerings. The company's senior management team and shareholders have collectively acquired, refinanced, and sold major real estate assets in excess of $1 billion, inclusive of the development and redevelopment. For more information, visit our website at: www. dealpointmerrill.com.
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Danielle Haney
DealPoint Merrill
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