Tuesday, January 25, 2011

Carson Equities Completes New Lease Agreement With Hines Interests LP

Carson Equities, LLC negotiates and completes a 6,000 square-foot lease agreement with Hines Interests LP at One Northwestern Plaza Southfield, Michigan. Carson Equities represented Moss & Colella, PC, tenant. Friedman Real Estate Group, Inc. represented Hines Interests LP, landlord.

Monday, January 10, 2011

Carson Equities Completes the Sale of The Boulevard Apartments and Condominiums in Auburn Hills

Carson Equities negotiates and completes the sale of The Boulevard Apartments & Condominiums. The Boulevard is a class A multi-family apartment & condominium community located on E. Walton Boulevard in Auburn Hills, Mich. It consists of 256 multi-family units and is situated on approximately 15 acres.

Stephen J. Carson, Principal of Carson Equities LLC explains, "The Boulevard presented the purchaser with an opportunity to acquire a desirable multi-family community with many amenities, including individual entrances, large floor plans, washer & dryers, fireplaces, clubhouse, pool, fitness center and tennis courts; while located minutes from retail shopping, entertainment, higher education and some of the area largest employers."

Originally constructed in 1985, The Boulevard quickly became an upscale executive housing destination for many employees located within Auburn Hills/Oakland County submarket. More recently, a portion of The Boulevard was converted into for-sale condominium and 45 of 256 units were sold to individual home owners. The Boulevard is located minutes from Oakland University, Chrysler World Headquarters, The Palace of Auburn Hills, Meadowbrook Music Theatre, Great Lakes Crossing shopping mall, Pine Knob Ski Resort, DTE Energy Music Theatre, Meadowbrook Lifestyle Center and Crittenton Hospital.

The Boulevard was acquired by Boulevard Apartments of Auburn Hills LLC and Boulevard Condominium of Auburn Hills LLC. Stephen J. Carson was the court-appointed receiver over the assets in the matter pertaining to The Boulevard.