Joe Davidson, Steve Makowsky, Jake Podolsky & Nate Isbee Of Rockford Asset Management Acquire Industrial Asset For $11.5M

The property asset involved in the transaction is an industrial facility located at 19541 Sherwood Street in Detroit, MI. The sale price for this asset was $11,500,000, and it encompasses a total square footage of 224,150, resulting in a price per square foot of $51.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,500,000
• Address: 19541 Sherwood Street
• Market: Detroit, MI
• Square Footage: 224,150
• Price Per Square Foot: $51
• Buyer: Joe Davidson, Steve Makowsky, Jake Podolsky & Nate Isbee - Rockford Asset Management
• Seller: Marwood International
• Seller's Representative: David Hesano - CBRE
• Loan Broker: Dave Dismondy - District Capital

Key individuals involved in this transaction include Joe Davidson, Steve Makowsky, Jake Podolsky, and Nate Isbee, representing Rockford Asset Management as the buyers. David Hesano, from CBRE, acted as the representative for the seller, Marwood International, while the loan broker for the deal was Dave Dismondy from District Capital.