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CBRE|Martin Closes Land Sale Near Eastwood Towne Center

Michigan Business Network
July 19, 2018 7:00 PM

CBRE Martin2CBRE|Martin Finalizes Two Property Deals in the Greater Lansing-Area

EAST LANSING, MI – July 19, 2018

CBRE|Martin announces the sale of 3010-3018 Wood Road in Lansing. CBRE’s Shawn H. O’Brien and Eric Rosekrans represented the seller, Case Credit Union. The buyer, Stellar Hospitality Lansing, LLC, purchased the 3.6 acre property for an undisclosed amount.

Wood RoadThe Wood Road sale comes shortly after the announcement of plans to extend Coleman Road as an underpass of U.S. 127, to reach Wood Road. That news brings a renewed enthusiasm to available property and proposed developments, on both sides of the interstate.





EAST LANSING, MI – July 19, 2018

CBRE|Martin announces the sale of a 4.165 acre vacant land property on Central Park Drive in Okemos. Shawn H. O’Brien of CBRE represented the seller, South Park LLC, in the sale. The property was purchased by OKERE NE, LLC, d.b.a. Graff Chevrolet, for an undisclosed amount.

This is the third property sale, this year, that CBRE has assisted South Park LLC partner, Robert Phipps.

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About CBRE|Martin

CBRE|Martin is a CBRE affiliate office serving Mid-Michigan. CBRE|Martin offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; and research and consulting. Please visit our website at cbre.us/lansing.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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