Golf Division of the Leisure Investment Properties Group Sells Fore Lakes Golf Club
Kimball, MI – The National Golf & Resort Properties Group of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Fore Lakes Golf Club, an 18-hole championship golf course located in Kimball, Michigan just outside the Detroit MSA, according to Steven Ekovich, Director of the firm’s National Golf & Resort Properties Group based in Tampa, Florida.
Terry Vanek, the lead agent on the asset sale, represented the seller, Torello Group, in the sale to Paul D’Anna. Mr. Vanek said that “after an exhaustive international search for the right buyer for this club, it was determined that Mr. D’Anna would be the best fit for the seller, the club, and the community. This transaction was particularly difficult as a result of the golf course and residential elements being intertwined from a shared property standpoint. Very few buyers possess the level of foresight and unwavering commitment that Mr. D’Anna does. He will surely be an invaluable asset to the Port Huron community, and has exciting plans to take this treasured property to the next level of service and sophistication.”
Fore Lakes Golf Club is located just an hour north of Detroit. This 18-hole championship course has been recognized as one of the premier golf courses in all of St. Clair County and has been a feature edition of the CBS’s acclaimed “Golf Michigan” television segment. The 26,000 sq. ft. clubhouse offers breath-taking panoramic views of the property making it one of the most sought after wedding venues in all of southeastern Michigan and has been perennially recognized by wedding experts The Knot & Wedding Wire as one of the most popular wedding sites in the Detroit Area.
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
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