Kennedy Wilson to be Exclusive Broker for Pfizer Property Disposition in Portage, MI
BEVERLY HILLS, CA – April 10, 2009 – (RealEstateRama) — Kennedy Wilson Auction Group, a division of the international real estate services and investment company Kennedy Wilson, has been retained by Pfizer Inc as the broker of record for the disposition of 6901 Portage Road located just off Interstate 94, in Portage, Michigan, according to Rhett Winchell, president of the Auction Group.
This well designed, open bay atrium office facility was recently on the market for $18.5 million. Subject to the terms of the offering, the proposed auction format offers the property for sale to the most qualified bidder regardless of price. Sealed bids will be received by Kennedy Wilson Auction Group by noon PDT on June 9, 2009 with the conclusion of the best and final bid by 5:00 pm PDT on Friday, June 12, 2009.
This outstanding Class “A”, 364,000± square foot facility was built by Pfizer in 1987 within one mile of the Kalamazoo/Battle Creek International Airport on a centrally located 40.75± acre parcel and can accommodate over 1,000 employees. It is designed with extraordinary features. Dramatic glass atriums provide natural light throughout the building and its workspace. The tiered construction also lends to outside accessibility on all floors. Numerous conference rooms, a full-service cafeteria and large and small auditoriums/training rooms with theater seating (including arm desks) highlight the building. All of these amenities are centrally located to allow for easy divisibility between business units, corporate functions or multiple tenants.
“This facility is a value opportunity for any investor or owner to establish a footprint in the central United States, minutes away from the Kalamazoo/Battle Creek International Airport and nearby major port-of-call access. Kalamazoo County has historically been the ‘test market’ for many rapidly expanding companies within the United States,” said Winchell.
Any interested party who would like further information should contact Clifford Smith and Jacqueline Coudray at (310) 887.3438.
Founded in 1977, Kennedy Wilson is a real estate services and investment firm headquartered in Beverly Hills, CA, with 20 offices throughout the U.S. and Japan. It seeks opportunities in partnership with clients in pursuit of above-market investor returns and higher real estate values. Kennedy Wilson Auction Group has been a leading force in the auction industry since 1977. Since inception, the Kennedy Wilson Auction Group has conducted many successful auctions of condominiums, single-family homes and commercial properties throughout the United States, Europe and Asia. It conducts live auctions for all types of residential properties. Click www.kwiauctions.com, www.bidkw.com or www.kennedywilson.com for further information.
