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CBRE|MARTIN NEGOTIATES SALE OF FORMER GRAND LEDGE CITY HALL

Wednesday, September 16, 2015   (0 Comments)
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CBRE|MARTIN NEGOTIATES SALE OF FORMER GRAND LEDGE CITY HALL
City Hall to be Converted to BrickHaven Brewing Company

EAST LANSING, MI – Sept. 15, 2015 – CBRE|Martin is pleased to announce the sale of the former Grand Ledge City Hall at 200 East Jefferson and the adjacent property at 319 Taylor Road, both in Grand Ledge, Mich.

The City of Grand Ledge sold the 8,000 SF former City Hall two-story building on Jefferson and the 1,000 SF single-story building on Taylor Road, which was the former assessor’s office, to new owner, Stein Brothers, Inc. The buyer intends to convert the former City Hall to BrickHaven Brewing Company. The Taylor Road property will eventually be demolished for additional on-site parking. Stein Brothers, Inc. plans to complete renovations on the new brewing company by summer 2016.

“There’s just something warm and inviting about an old, historic brick building. It used to be St. Michael’s Catholic Church, built in 1940 and then the city bought it in 1970 and turned it into office space,” said Edward Huston, co-owner of BrickHaven Brewing Company. “There are a lot of great features like wooden arches and stained glass that have been hidden for 45 years. We are going to do our best to bring back the building’s beauty.”

Huston says he wants BrickHaven to be a family place where the community can gather together to relax or to make new friends. The brewing company will offer its own craft beer, good food and live acoustic music.

CBRE|Martin Senior Vice President and Office Advisor, Eric F. Rosekrans, CCIM, CPM and Senior Associate and Office Advisor, Thomas Jamieson represented the seller in the transaction. The closing date on the property was August 28, 2015.

“We welcome Stein Brothers, Inc. to the Grand Ledge community and wish them great success with their future micro-brewery pub and restaurant. It represents an ideal enhancement of our downtown,” said Adam Smith, city administrator for the City of Grand Ledge.


About CBRE|Martin

CBRE|Martin is a CBRE affiliate office serving Mid-Michigan. CBRE|Martin offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; and research and consulting. Please visit our website at cbrelansing.com.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at cbre.com.


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