Homebuilder buys office building

October 19, 2016

By Pat Evans

A local homebuilder has a new headquarters.

Redstone Homes has purchased a 4,800 square-foot office building in Grand Rapids, at 3330 Grand Ridge Dr. NE, according to NAI Wisinski of West Michigan yesterday.

Terms of the transaction were not disclosed.

Redstone Homes has built more than 1,600 homes and condominiums in Kent, Ottawa, Kalamazoo and Calhoun counties since it was founded in 1997.

The new office allows Redstone to bring its sales and operations offices together.

The move was completed last month, and the company plans to grow with new hires, Redstone Homes President Gary Hensch said.

“The move stems from Redstone Homes’ unprecedented growth in the past two years, and it enables us to maintain closer contact with our customers, trade partners and business associates,” Hensch said.

NAI Wisinski of West Michigan broker Jeremy Veenstra represented Redstone Homes in the deal, while NAI brokers Mary Anne Wisinski-Rosely and Joshua Jacobs represented the unnamed seller.

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RPOA Real Estate Investor Podcast -Episode #35

Interview with Scott and Craig regarding factors to consider when investing in multifamily real estate, as well as an overview of the Michigan Multifamily Market.