The following is a summary of value-added and strategic transactions by EDS Investment Properties:

North Greenfield Office Park

29551 Greenfield, Southfield, MI 48076

  • A 3 building office park totaling 33,000 SF
  • EDS in collaboration with Cartessa Real Estate Partners, acquired this property
  • In five months, an extensive renovation was completed to the property and the building is currently 93% leased.
  • During the contract period, the partners were able to secure a long-term lease for one of the buildings, prior to closing.

 

Lyon Oaks Industrial

29200 Lyon Oaks Drive, Lyon Township, MI 48393

  • A 2 building industrical park totaling 64,310 SF
  • The property was acquired at 65% occupancy.
  • In eighteen months, the buildings were renovated and occupancy increased to 93%.

 

Manhattan Place Office Park

17376 W 12 Mile Road, Southfield, MI 48076

  • A 10 building office park
  • The property was acquired at 60% occupancy with no operational cash flow
  • Within 12 months EDS achieved over 90% occupancy

 

110 E. Grand River

110 E. Grand River, Brighton, MI 48116

  • 110 E Grand River Video Tour
  • A 13,000 SF mixed use redevelopment
  • EDS acquired this property as an off-market deal
  • During the contract period, EDS was able to secure a long-term lease with the anchor tenant prior to closing.

 

Walnut Creek Apartments

23818 Middlebelt Road, Farmington Hills, MI 48336

  • A 60 unit apartment complex
  • The property was acquired from a distressed seller at 70% occupancy
  • EDS achieved 100% occupancy in under one year

 

7854 Lochlin Building

7854-7856 Lochlin Road, Green Oak Twp., MI 48116

  • A 39,200 SF industrial building
  • EDS acquired the property with distressed debt from a local lender
  • During the contract period, EDS was able to secure a long-term lease with the anchor tenant prior to closing.

Kohl’s at Centerplace

4224 Centerplace Drive, Greely, CO 80634

  • A 89,808 SF Kohl’s store and 10,000 SF rental center
  • EDS acquired the property as an off-market transaction, from an institutional seller. EDS learned of the deal through a close broker relationship.
  • Despite the competitive NNN market at the time, and secured long-term non-recourse financing.

 

The Pines Office Condominiums

31811 Middlebelt Road, Farmington Hills, MI 48334

  • A 13-unit office condo park
  • EDS acquired the property as an off-market transaction from a local seller and completed the condo conversion in four months.
  • The units were sold out in under 24 months

 

Beechtree Office Building

40399 Grand River Avenue, Novi, MI 48374

  • A 23,740 SF office building
  • EDS acquired this building as an off-market opportunity and re-sold the property to a 1031 exchange buyer in less than 9 months of ownership

 

28000 Middlebelt Building

28000 Middlebelt Road, Farmington Hills, MI

  • A 15,000 SF office building
  • EDS acquired the property to help facilitate the closing of a large multi-property office portfolio sale in which EDS was the sales agent.

 

Irene’s Myomassology Institute

26062 Franklin Road, Southfield, MI 48033

  • A 21,500 SF school building that was a ground-up build-to-suit development.
  • EDS completed the land acquisition, design and development.