Signature Associates

SIGNATURE SELLS 40,000 SQUARE FEET OF INDUSTRIAL SPACE IN LIVONIA, MICHIGAN

SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the sale of 40,000 square feet of industrial space located at 33200 Capitol Street, Livonia, Michigan.

Steve Gordon, Chris Calvano, Jason Kelmigian, and Alex Timmis of Signature Associates represented both the seller, CNC Controls, and the purchaser, SVJB Ltd. The purchaser has 16 locations across the country with this Livonia location as their second largest. SVJB Ltd. sells and distributes appliances and appliance parts to both large and small companies.

About Signature Associates

Signature Associates (signatureassociates.com), 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. We are also proudly partnered with TCN Worldwide, an alliance of top independent brokerage firms serving more than 200 markets.

In 2018, 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.