Grand Rapids, MI — Bradley Company is pleased to announce the successful sale of 1575 Arboretum Drive SE in Grand Rapids, MI, a premier suburban office building located within the highly desirable Watermark Center Office Park. The 29,540-square-foot property was sold for $4.9 million, with Jeff Tucker of Bradley Company representing the seller, JAME & Associates, LLC. The buyer, Pioneer Whipple, LLC, was represented by Erin Peterson of Vision Real Estate Investment.
“We appreciate the opportunity to represent JAME & Associates, LLC in this transaction and are thrilled to see such strong demand for high-quality office assets in the Grand Rapids market,” said Jeff Tucker, Senior Managing Director of Advisory & Brokerage Services. “The Watermark Center Office Park continues to be a sought-after destination for businesses looking for a combination of modern office amenities, accessibility, and a dynamic work environment.”
A Premier Office Location
Located just off Cascade Road and east of I-96, 1575 Arboretum Drive SE offers a high-end loft-style office build-out designed to accommodate a range of professional and technology-driven businesses. The property features an infrastructure ideal for IT firms, including redundant fiber optic connectivity, as well as a flexible layout with private offices, conference and training rooms, and open workspaces.
Situated within the Watermark Center Office Park, which spans 284,486 square feet, this property benefits from a vibrant suburban setting with easy access to top-tier amenities. Tenants and visitors can enjoy the convenience of free and ample on-site parking, energy-efficient design elements, and abundant natural light from its extensive window line. The surrounding area offers an exceptional work-life balance, with nearby restaurants, coffee shops, daycare facilities, and fitness options. Watermark Country Club, located within walking distance, provides a convenient setting for business lunches or post-work recreation, and Snap Fitness within the club offers health and wellness opportunities.
Strong Market Appeal and Investment Value
The sale of 1575 Arboretum Drive SE underscores the continued strength of Grand Rapids’ office market, particularly for well-located, high-quality properties with stable tenancy. Fully leased at the time of sale to three quality tenants, the building presented an attractive investment opportunity in a highly walkable and bike-friendly environment within the Cascade corridor. Its blend of modern office features, robust infrastructure, and access to surrounding business and lifestyle amenities made it a compelling acquisition for Pioneer Whipple, LLC.
Commercial Advisors in Grand Rapids
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