Continental Realty Corporation Acquires Retail Properties In Troy, Michigan For $34M

The retail property located at 318 John R Road and 372 John R Road in Troy, Michigan has been sold for a price of $34,000,000. The property spans a total area of 392,000 square feet, resulting in a price per square foot of $87. This sale was completed on 10/07/2021 and was facilitated by brokers Amy Sands and Clinton Mitchell from JLL.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $34,000,000
• Address: 318 John R Road & 372 John R Road, Troy, Michigan
• Square Footage: 392,000 SF
• Price per Square Foot: $87
• Market: Troy, Michigan

The buyer of the property was Continental Realty Corporation (CRC) represented by their representative, Josh Dinstein. The acquisition was made possible through the dedicated efforts of brokers Amy Sands and Clinton Mitchell from JLL.