CORFAC News

Troy, Michigan (October 6, 2011) – L. Mason Capitani CORFAC International is pleased to announce that Mason L. Capitani and Gary P. Grochowski have facilitated the sale of the Coventry Place Executive Office Complex located at 1621-1633 W. Big Beaver Road in Troy, Michigan to Bloomfield Hills based Summit Coventry, LLC. This landmark 36,000 square foot office property was built in 1982 and it is prominently situated in what is known as Troy, Michigan’s “Golden Corridor” along W. Big Beaver Road. The property is currently home to twenty-four tenants some of which have been mainstays for over ten years. The property’s high profile location and its classic Georgian architecture made it a desirable acquisition for the purchaser. Summit Coventry, LLC is affiliated with Summit Property Management Corporation (www.summitpropertiescorp.net) who owns and manages over one million square feet of office and medical properties throughout the region. About L. Mason Capitani CORFAC InternationalFounded in 1965, L. Mason Capitani CORFAC International is one of the most established privately held real estate brokerage firms specializing in the sales, leasing and management of industrial, office, medical and retail properties in Michigan. The company’s scope of services include landlord and tenant representation, buyer and seller representation, site acquisition and build to suit coordination. L. Mason Capitani, Inc. is an affiliate member of Corporate Facility Advisors–CORFAC International, which is one of the largest commercial real estate services organizations in the world. CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in the Americas and internationally. For more information, visit the L. Mason Capitani, Inc. web site at www.Lmcap.com.