CBRE|Martin announces One Michigan Avenue in downtown Lansing achieves 97 percent occupancy
Monday, April 11, 2016
Posted by: Eric Dimoff
CBRE|Martin is pleased to announce that Regus has leased 15,000 SF on the third floor of One Michigan Avenue, one of the largest multi-tenant office buildings in downtown Lansing, Mich., located at 120 N. Washington Square.
“On behalf of OMA Lansing, LLC, as landlord, and CBRE|Martin, we are excited to welcome Regus to One Michigan Avenue. They will be a strong addition to the central business district and will have an immediate impact bringing a mix of new and existing businesses to downtown Lansing,” said Daniel Sermak, ACoM, ARM, director of Asset Services at CBRE|Martin.
Regus, the world’s largest provider of flexible workspace solutions, chose to open its first center in the Capital city to put their clients in the heart of Lansing’s business community. The company offers businesses shared office space as a flexible alternative to traditional real estate.
“Our flexible terms and spaces were designed to meet the needs of any size business. Our customers can choose how long they stay and what services they use. This total flexibility frees businesses from long-term leases, saves them money and enables them to focus 100 percent of their efforts on growing their businesses,” said Jeff Doughman, Regus’ executive vice president.
CBRE|Martin Senior Vice President and Office Advisor, Eric F. Rosekrans, CCIM, CPM represented the landlord, OMA Lansing LLC, in the transaction. Regus will take occupancy in April with a grand opening slated for May 2016.