Industrial
2921 Wilson Avenue
Walker, Michigan
Working in lockstep with a client to make sure everyone walked away a winner.
We worked closely with Foremost Graphics Group on the sale and lease-back of their headquarters at 2921 Wilson Drive NW. At the time, Foremost had several business opportunities they wanted to pursue, so we worked with them to structure a win-win outcome for each party. Foremost was able to utilize equity they had built up in the building to spur growth in their company, while we were able to secure a Class A real estate asset with a long term tenant and strong upside.
Project Details
- Location
Walker, Michigan - Size
73,014 SF - Year Built
1996 - Most Recent Remodel
2000 - Acquisition Price
$3,400,000 (January 2020) - Property Management
Lakeside Real Estate Services - Construction
None - Value Added
- Professional property management
- Secured favorable, long term financing
- Quick access to equity and debt, allowing for a quick closing