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Colliers sells 12,300 square foot single tenant industrial building in Gaylord, Michigan

Colliers announces the investment sale of the Archrock industrial building located at 1850 Engel Drive in Gaylord, Michigan. The buyer, White Pine Industrial, was represented by Steve Poole of Colliers. Todd Moore and Barkley Peschel of Colliers represented the seller, CG EE Gaylord MI, in the transaction.

 

The 12,300 square foot single tenant industrial building is currently leased by Archrock. The property is situated on 2.84 acres and features 2,300 square feet of office space with 10,000 square feet of attached warehouse space. The freestanding building was built in 1999 and is accessible by two main driveways that front Angel Avenue with easy access to Interstate 75. 

 

"Gaylord is a small market in Northern Michigan, and we were able to secure multiple offers and ultimately select a very strong buyer for our client," said Todd Moore, Principal of Colliers. "This transaction was truly a testament to the depth of the Colliers team and platform. Steve Poole’s team in Michigan was able to leverage their relationships to bring the right buyer to the transaction."

 

Archrock is a U.S. based energy infrastructure company with a pure-play focus on midstream natural gas compression. Specializing in superior natural gas compression services with unmatched technical expertise, they provide consistent, reliable compression and affiliated services to oil and gas production companies and midstream applications across the U.S.

Archrock

 


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Todd Moore

Principal

Houston

Todd Moore joined Colliers International | Houston in November 2020 as a Principal where he focuses on investment sales of industrial, office, retail and sale leaseback transactions.

Prior to joining Colliers, Mr. Moore served as Director at Stan Johnson Company (SJC) where he spent nine years representing buyers and sellers of net leased assets throughout the United States. During his time with SJC, he transacted close to half a billion in investment sales and was recognized with the Sales Excellence Award and as a Top 10 Producer. He brings more than 12 years of commercial real estate experience to the Colliers team and has a unique ability to effectively analyze and transact leased investment property. 

Mr. Moore’s primary focus is on developers and investor clients in the industrial, office and retail market sectors throughout the United States. His commitment to client services promotes the development of strong relationships with top developers, Real Estate Investment Trusts (REIT) and private investors across the country.

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Barkley Peschel

Principal

Houston

Mr. Peschel is a multi-disciplined commercial real estate advisor with experience in tenant/buyer representation, relocation/expansion, land acquisition/disposition, and economic incentive negotiations.  He spends most of his time on industrial and land transactions, but given the Colliers network and resources, he’s involved in a variety of deal types including office and investments.  He is surrounded by experts who he partners with depending on the deal.  He stays involved in transactions to bring trust to the client. 

Barkley's clients tell him that they enjoy working with him; that they have a high degree of confidence that he can perform to help them meet their goals; and that they appreciate his resourcefulness and sense of urgency.  Barkley's background in economic development combined with the Colliers process and platform gives him a unique perspective and experience that he uses to meet his clients’ commercial real estate needs.

Barkley is consistently a top producer (Titan) in the Houston office.  In 2015, he was a Colliers' Everest Award recipient. This award is bestowed upon the top 10% of all Colliers brokerage professionals across the United States based on revenue production. 

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