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Chicago & Midwest  + Midwest  + Industrial  | 

SRS Real Estate Completes Single-Tenant Sale-Leaseback Deal in Michigan

SRS Real Estate Partners has completed the sale-leaseback of a single-tenant 277,425-square-foot industrial asset located at 26661 Lipari Way in Warren, Michigan.

Built in 2006 and situated on 11.66 acres, the property serves as the headquarters and distribution site for Lipari Foods, a wholesale food distributor. SRS Capital Markets Vice Presidents Michael Carter and Frank Rogers represented the seller, Lipari Foods. The buyer was a private investment fund from New York City.

Lipari Foods signed a new, corporate-guaranteed 15-year lease. “This was an ideal, low management investment for the new, out-of-state ownership,” said Carter. “Lipari Foods is a successful perimeter-of-the-store distributor with an expansive reach to thousands of customers spanning more than thirty states and growing.”

The property features 28,000 square feet of office space over 205,000 square feet of temperature-controlled warehouse space, which includes nearly 23,000 square feet of dock space with a total of 30 dock doors.

Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.

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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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