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VanWest Partners Acquires Five Property Portfolio in Michigan

VanWest Partners Acquires Five Property Portfolio in Michigan News provided by Share this article DENVER, April 5, 2021 /PRNewswire/  VanWest Partners, an opportunistic investment firm specializing in commercial real estate acquisition, management, and sales, announces the acquisition of 5 self storage facilities to its newest fund, VanWest Self Storage Fund II, LLC.  Year to date, the firm has closed on a total of 7 self storage facilities representing just under $30mm in total capitalization.  VanWest Partners acquires five self storage facilities in Michigan The 5-property Michigan portfolio was closed in mid-March and includes 2 self storage facilities in the greater Detroit market and 3 self storage facilities in the Grand Rapids market.  The portfolio totals just over 265,000 net rental square feet and 1,628 units including 232 boat and RV parking spaces. 

Town Talk: Base Village real estate on a roll this spring

Town Talk: Base Village real estate on a roll this spring
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Coworking space opens in historic Gaylord building, despite industry uncertainty

Common Desk Community Manager Aaron Ellis (left) believes the timing is prime for a trendy shared workspace to open in a city like Wilmington, which is seeing growth and revitalization. (Port City Daily photo/Alexandria Sands) WILMINGTON – Just a year ago, the coworking industry was exploding. These trendy shared workspaces – which have gained popularity in places like San Francisco, Atlanta and Raleigh – started eyeing moves to smaller markets like Wilmington. Pre-Covid, 77% of coworking companies planned on opening new locations in 2019, according to a Coworker Member’s Choice Awards The idea of swapping gray cubicles and water coolers for a ping-pong break, luxury coffee and craft beer, and a shared entrepreneurial spirit was persuading millennial freelancers, tech startups and everyone in between to buy memberships at shared workplaces.

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