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Chicago & Midwest  + Midwest  + Retail  |  June 28, 2024
Jasmine Kilman
By: Jasmine Kilman

Friedman Real Estate Facilities Sale-Leaseback of Michigan Dispensary 

Friedman Real Estate’s Steven Silverman recently closed the Sale-Leaseback of Quality Roots located at 350 E 14 Mile Rd in Madison Heights, Michigan. Friedman advised both sides in the transaction.

Quality Roots, a Michigan-based dispensary providing a variety of cannabis products, operates eight cannabis dispensaries in Michigan and has expanded to employ over 250 people, with revenues approaching $100 million.

Friedman’sMarc Hames also recently completed the sale of properties at 8891 Pulaski Road, a 2,500-square-foot asset, and 12584 Wooden Road, a 25,000-square-foot building, in Michigan. Friedman represented the owner in these two cannabis receivership transactions.

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Inside The Story

Friedman Real EstateQuality Roots

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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