Matthews Real Estate Investment Services Sells Dearborn Retail Property For $13M

The retail property located at 5951 Mercury Dr. in Dearborn, Michigan has been sold in a recent transaction. The property spans 112,600 square feet and was sold for a price of $13,043,916, resulting in a price per square foot of $116.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,043,916
• Address: 5951 Mercury Dr.
• Market: Dearborn, Michigan
• SF: 112,600
• PPSF: $116

The deal was facilitated by Chad Kurz and Preston Schwartz of Matthews Real Estate Investment Services. They represented the parties involved in the transaction, although no further information about the buyer or seller was provided.