Southfield, MI

CBRE Arranges Sale of 108,634-SF Office Building at 26600 Telegraph Road in Southfield, Mich.

March 7, 2022

26600 Telegraph Road

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Derek Paumen

Sr Communication Specialist

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CBRE has arranged the sale of a 108,634-square-foot office building at 26600 Telegraph Road in Southfield, Mich. Princeton Enterprises, a privately held real estate investment company based in Bloomfield Hills, Mich., purchased the property from First Mercury Insurance Company, a member of Crum & Forster, a national property and casualty insurer.

CBRE’s Anne Galbraith Kohn represented the seller in the transaction. Friedman Real Estate represented the buyer.

“This corporate owned property is in outstanding condition and is strategically positioned along Telegraph Road, within metropolitan Detroit's largest suburban office market, Southfield,” said Kohn. “We were able to leverage CBRE’s best-in-class tools and resources to find the right company that would be the perfect fit to purchase this property while also meeting our client’s needs during the transaction process.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.