Archive for February, 2012
At the Commercial Alliance of Realtors (CAR) annual awards banquet last Tuesday night, NAI Wisinski of West Michigan was recognized four times for their recent successes. Rod Alderink, Stan Wisinski, Case Reimus, and Chris Prins all took home awards.
Chris Prins received the Largest Industrial Lease Award for his 85,595 SF lease at 5079 33rd Street to Atek Medical Device Manufacturing “This was a very smooth deal. The owner and the tenant worked well together through the entire process,” Chris said of the transaction.
Case Reimus received the Largest Retail Sale Award. The award represented the sale of 4121 28th Street in Cascade just west of I-96. Sleep Doctor, a locally owned mattress specialty store, bought the location for their 16th store throughout Michigan. This transaction took place in late November.
Stan Wisinski was recognized for his 50 years of service in commercial real estate. In Addition, Rod Alderink was named 2012 CAR Realtor of the Year. “I am honored and humbled to be named the Commercial Alliance of Realtors 2012 Realtor of the Year. It has been an honor to serve our CAR members on its Board of Directors and to represent CAR on both the State and National levels,” he said regarding the award. “The manner in which CAR members collaborate with each other to mutually serve our clients with excellence and integrity makes CAR a unique organization across the country. I am blessed to be recognized by my peers.”
The Grand Rapids office market is showing signs of growth. Recent transactions at NAI Wisinski of West Michigan show a possible glimpse of what the rest of 2012 has in store. Last week, Stan Wisinski and Mary Anne Wisinski-Rosely closed a sale at 98 E. Fulton, the former Jacobson’s Department Store. Located on the Southeast corner of Fulton and Sheldon, the 38,134 SF landmark building has been leased by various tenants since Jacobson’s vacated the site, but is now to be owner occupied on the first floor and basement. Stan Wisinski and Mary Anne Wisinski-Rosely represented the seller, John Postma of Fulton Street Partners, LLC, and Midwest Realty Group represented the buyer, Acton Institute. The transaction included a long term lease of the second floor to West Michigan Center for Arts and Technology (WMCAT).
They have seen an increase in activity in some of their other downtown listings as well. Even the building they occupy at 100 Grandville SW has seen activity and is closing in on 100% occupancy. It currently sits at just under 91% occupancy, with another lease in the works. “Someone turned on the switch and office space downtown is starting to fill up,” said Stan Wisinski. “I look forward to seeing the overall effect this has on downtown.”
NAI Wisinski’s work has not gone unnoticed. They just received the lease listing for the historic Waters Building. The 282,200 SF building is conveniently located at 161 Ottawa. Tenants for this building include the Gilmore Collection’s Ottawa Tavern and Bite Bar & Restaurant. “We are very grateful to have received the listing on the Waters Building, but the work is just beginning,” said Mary Anne Wisinski-Rosely. “We have handled projects on this scale before and we know what it takes to make sure we achieve our client’s goals. Our office team at NAI is ready to roll up our sleeves and get to work.”
|Published: February 7, 2012|
It was about a year ago when commercial real estate firms NAI West Michigan and The Wisinski Group began serious and lengthy discussions about merging. Roughly six months later, after the details were ironed out, the firms came together and opened NAI Wisinski of West Michigan early last summer.“We’re pleased. We’re happy,” said Jim Decker, a partner and president of NAI Wisinski. “And the economy has come back some.”
The worries that surround the merging of two former competitors into a new entity sometimes don’t fully surface until the union is completed and it’s too late to undo what has been done. Chief among those potential concerns is whether the respective sales teams, which competed against each other for listings and sales for many years, could actually put aside previous feelings and work together for everyone’s benefit. Decker said they were able to do that from Day One.
“The core of our business is our sales group. I worried about that and I shouldn’t have,” he said. “Our people have supported (the merger) and had a sense that the kind of company we wanted to put together was needed.”
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