McKinley Commercial Client Services Announces Successful Disposition

February 14, 2013

Ann Arbor, MI McKinley Commercial Client Services is pleased to announce the successful workout and disposition of a large office building in Ann Arbor. The Property, 100 Phoenix Drive, is a 330,000 square foot office building formerly used by the Borders Group as its World Headquarters.

McKinley was appointed property manager in December 2011. During McKinleys tenure as property manager extensive repairs and maintenance throughout the building were performed, operating expenses were reduced, and the Client Services team greatly improved the appearance and safety of the property.

We are very pleased to add another successful repositioning and disposition assignment to the McKinley Commercial Client Services track record, commented Matthew Mason, Senior Vice President and Managing Director of Real Estate at McKinley. The McKinley team created significant value for our client by greatly improving the appearance and safety of the property, as well as completing a successful tax appeal.