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.

View full article

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.

Promotional products company triples downtown presence

Promotional Impact Green Giftz 532 Ottawa Ave. NW

September 9, 2016

By Pat Evans

A local promotional products company has purchased a building downtown to support its expanding operations.

Karen Scarpino, owner and president of Promotional Impact and its sister company, Green Giftz, has acquired the 6,000-square-foot building in Grand Rapids, at 532 Ottawa Ave. NW, according to NAI Wisinski of West Michigan today.

The building in the city’s North Monroe neighborhood was most recently a location for Vector Distribution, a screen-printing company.

Promotional Impact and Green Giftz currently operate in a 2,000-square-foot space in the nearby Brass Works Building.

“We love being in downtown Grand Rapids and witness growth and progress first-hand every day,” Scarpino said. “We have such pride in downtown Grand Rapids that we wanted to have true ownership and take root in this community. We see this building…as a true asset to the growth of our organization.”

The brands sell “earth friendly promotional products.” They serve clients such as Steelcase, Herman Miller and Amway.

NAI Wisinski’s Mary Anne Wisinski-Rosely and Jason Makowski represented the building’s sellers, Tom Korest and Peter Mason, and Signature Associate’s Joe Rizqallah represented Scarpino.

View full article

NAI Wisinski of West Michigan Brokers Sale of Two Office Buildings on Grand Rapids

By Christina Cannon

This 5,835-square-foot building was constructed in 1971 and is located in Grand Rapids.

GRAND RAPIDS, MICH -NAI Wisinski of West Michigan has brokered the sale of two office buildings in Grand Rapids. The properties, 2504 Ardmore and 2505 Burton, are located near the Breton Village Mall corridor. Mark Morrow Properties LLC sold the buildings to a local investor, Tony Pearson, who intends to make minor renovations and begin marketing the property for lease this September. Each building totals 5,835 square feet and was built in 1971. Hillary Woznick and Doug Taatjes of NAI Wisinski represented the seller in the transactions.