Jonathan More And David Ebrahimzadeh Acquire Industrial Property In Detroit For $38.5M

The transaction involved an industrial property located at 8650 Mount Elliott Street & 2500 Enterprise Drive in Detroit. The sale concluded at a price of $38,500,000, which corresponds to a price per square foot of $53 for the total area of 717,000 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $38,500,000
• Sale Date: 3/26/2026
• Buyer: Jonathan More - Mayfair Investment Partners; David Ebrahimzadeh - Corniche Capital; John Coury & Brian Mcalpine - Crestlight Capital
• Seller: Jamie Reuben - Reuben Brothers
• Buyer's Representative: Elad Dror - PD Properties

The deal featured key players such as Simon Reuben, Jonathan More, David Reuben, David Ebrahimzadeh, and Elad Dror, highlighting their roles in this significant transaction. Each of these individuals and their respective firms contributed to the facilitation and completion of the sale process, indicating a collaborative effort in the acquisition.