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Grand Rapids Business Journal
Courtesy First Companies
First Companies announced its property management division added nine buildings to the portfolio it manages after finalizing agreements with four local ownership groups in the industrial/manufacturing segment.
Five of the nine buildings are at 5199 68th St. SE, Caledonia; 5805 and 5801 Weller Ct. SW, Wyoming; and 1575 and 1550 Gezon Pkwy. SW, Wyoming. Four building locations were not disclosed.
These additions bring the total square feet under the company’s management to nearly 3 million among approximately 73 buildings, representing a 35% growth in business so far in 2021.
First Companies also manages 17 facilities totaling approximately 571,353 square feet for an investor group on the West Coast, as well as 47 properties for a few local investors totaling approximately 1,622,483 square feet.