Farmington Hills, MI – (December 10, 2021) Friedman’s Steven Silverman acted as an outside advisor to the seller, New York based Kohan Retail Investment Group, in the recent sale of the 670,000 SF Eastland Center Mall site located in Harper Woods, MI. NorthPoint Development purchased the property for $9.5 million and plans to convert the site to a largescale industrial park. The complete brokerage roster also included Ben Schrode and AJ Weiner of JLL, Martin Krall of Greater Development, and Matthew Friday of CBRE.
Steven Silverman has transacted on more than $300 million dollars worth of commercial real estate, spanning 10+ million square feet nationwide. Steven specializes in the acquisition and disposition of investment grade real estate assets (single & multi-tenant retail, multi-family, industrial, office, hotels/hospitality, and self-storage facilities) nationwide and is also a well-recognized expert in stabilized, value-add, and distressed property auction sales.
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 15M SF and more than 13,000 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 friedmanrealestate.com and on LinkedIn, Facebook, Instagram, YouTube, and Twitter.