Signature Associates

SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 47,063 SQUARE FEET OF RETAIL SPACE IN LAKE ORION, MICHIGAN

SOUTHFIELD, MICHIGAN—May 14, 2020 Signature Associates has been awarded the representation of 47,063 square feet of retail space located at 2359 Joslyn Court, Lake Orion, Michigan.
 
The Olde World Canterbury Village is a one-of-a-kind opportunity with 15.6 acres of land and is an attraction for the local community. Conveniently located off Joslyn Road, the site offers 47,063 square feet of existing buildings built in 1993 along with plenty of land and is ripe for development. Zoned SP-1 with 771 existing parking spaces, this site is listed at $5,200,000.

Existing businesses that have entertained and serviced the community and visitors for years include the Kings Court Castle, the C-Pub, Made in Michigan Market, Weekend Market Place (see website for details), Canterbury Wedding Chapel, the Always Christmas/D56 Store, the Closeout Store, Yates Cider Mill, the Flour Shop, the Revival Salon and My Pic Photography. Additionally, there is the MI Oily Cottage, Stitch in Time Tailor, Pushna Wellness, Palletopia by Christi, Gypsi Soul Inc., and Gotta Have Glass.

These businesses contribute to the nostalgia the site brings, in addition to its prime location in Southeast Michigan adjacent to the Woodside Bible Church. The site also overlooks Voorheis Lake and is approximately 4 miles from the major interstate I-75, where the regional mall Great Lakes Crossing is located. Olde World Canterbury Village is also a 5-minute drive to the General Motors Lake Orion Assembly Plant with approximately 1,125 employees. For more information, please visit https://canterburyvillage.com/.

Angela Thomas, Erica Dunlap and Nicole Voisard of the AERES Team, along with Brad Viergever, of Signature Associates, are the listing brokers representing the owner of the Olde World Canterbury Village.

About Signature Associates

Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research.

In the last 12 months, Signature completed more than 1,129 transactions totaling 29.8 million square feet and 1,494 acres with a total value of $969 million. Additional, our Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 8 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.