A partial look at the 10,000-square-foot office building at 5360 Cascade Rd. SE in Grand Rapids, at Arboretum Drive SE. Courtesy NAI Wisinski of West Michigan
A local law firm has sold its building.
Aardema Whitelaw in Grand Rapids has sold its 10,000-square-foot office building at 5360 Cascade Rd. SE to Refined Marketers.
The sale price wasn’t disclosed.
The law firm will stay as a tenant in the building, along with the IT firm MK Associates.
“The purchase was done as part of a 1031 exchange and represents a diversification of the buyer’s current real estate portfolio,” Kunst said.
NAI Wisinski isn't certain if Refined Marketers will occupy a space in the building.
Refined Marketers is a subsidiary of Van Manen Petroleum Group in Grand Rapids, a petroleum distribution company.
Van Manen specializes in commercial fleet fueling service, bulk fuel supply and lubricant solutions for various industries.