Syndicated Equities Acquires $43.1M Office Portfolio In Michigan & Arizona

Syndicated Equities, represented by Matt McCulloch, recently acquired a portfolio of three office properties in Michigan and Arizona for a total of $43.1 million. The portfolio includes properties in Dearborn and Plymouth Township, Michigan, and one in Tucson, Arizona. The Mercury Drive property in Tucson is fully occupied by Carhartt, while the Halyard Drive property in Michigan is fully occupied by AVL. With a total square footage of 268,000, the purchase price per square foot comes out to $161.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $43,100,000
• Market: Michigan & Arizona
• Buyer: Matt McCulloch - Syndicated Equities

This transaction highlights the successful acquisition by Syndicated Equities, led by Matt McCulloch. Their purchase of the office portfolio demonstrates their strategic investment approach and commitment to expanding their real estate portfolio. The transaction further solidifies their presence in the Michigan and Arizona markets, positioning them for continued growth and success in the region.