Genesee Commons
Retail / ±79,215 SF / Flint Township, MI
Premier Equities purchased Genesee Commons from Kramont Realty Trust in April 2000. The property was 100% vacant at the time. The Builder’s Square space was subdivided and subsequently leased to Bed Bath & Beyond, Old Navy, and Jo-Ann Fabrics. The property was sold at 100% occupancy in 2004 at a 9% cap rate.