Friedman Real Estate sold one of its portfolio properties, located at 5555 New King Road, Troy, Michigan. This 114,000-square-foot building is part of the larger 1.4-million-square-foot North Troy Corporate Park.
Robert Gagniuk and Jordan Friedman negotiated the deal for Friedman Real Estate.
Gallagher-Kaiser Corporation was established in 1952 and purchased the property. It has been a leading paint-finishing supplier, as well as a turn-key supplier for industrial systems, custom HVAC, mechanical and electrical power distribution over the past 70 years.