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Oxford purchases Ann Arbor space, invests in improvements
Published by Sarah on Saturday, August 20 2011 at 12:28 PM
Ann Arbor-based real estate company, Oxford Cos., has inked a deal for office space in Ann Arbor, on the city’s south side. The group has also promised to invest in a significant number of improvements to the facility.
Earlier in the year, Oxford Cos., raised close to $8 million from 40 different investors to help improve distressed properties in the Ann Arbor area, and aptly named the Ann Arbor Opportunity Fund. The 623,000 square feet of office space, located at 2725 and 2805 South Industrial Highway, is the first purchase the Opportunity Fund has made.
“The basis for the Ann Arbor Opportunity Fund was the increasing amount of discounted properties in the area coupled with improving economic indicators,” said Jeff Hauptman, president of Oxford Cos.
If you are interested in leasing office space in the Ann Arbor area, contact an officebroker.com representative for free help and information.
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