39550 Orchard Hill Place

Office / ±88,839 SF / Novi, MI

Premier Equities purchased the multi-tenant office building at auction in December 2019. The 1989 building is 62% occupied and is situated within Friedman’s portfolio of office buildings that comprise North Troy Corporate Park. The subject offers a combination of stable, near term income along with significant upside potential. Premier Equities plans to implement capital improvements, increase existing below-market rents, and unlike previous ownership, provide market rate TIs and LCs in an effort to stabilize the building’s occupancy at 90%.