New Office Tenants Fill 50,000 SF in Suburb

SOUTHFIELD, MI-Three lease deals have taken about 50,000 sf off the market in this Detroit suburb. The value of the leases, brokered by the Friedman Real Estate Group of Farmington Hills, MI, total more than $5 million.

Pomeroy Properties leased 23,400 sf at 26011 Evergreen Rd. to Universal Image Production. The value of the lease is more than $2 million over eight years.

Kojaian Management Corp. leased 18,711 sf at 25300 Telegraph Rd. to American Financial/Citizens Insurance. The five-year lease is worth about $2 million.

Canada Maritime Agencies LTD is leasing 8,752 sf at One Town Square, representing a value of $1.2 million over eight years.

In a retail deal, Rapheal USA Co. signed an 11-year lease of 4,800 sf at 3747 E. 15 Mile Rd. in Sterling Heights. The deal at Hatherly Commons is worth $624,000.

Also, Hills Tech LLC found tenants for two spaces totaling 4,700 sf at Farmington Hills Tech Center.