{"id":1004308616,"date":"2019-03-14T09:22:36","date_gmt":"2019-03-14T17:22:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004308616"},"modified":"2022-03-03T08:44:58","modified_gmt":"2022-03-03T16:44:58","slug":"california-based-lstc-expands-mi-office-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/california-based-lstc-expands-mi-office-portfolio\/","title":{"rendered":"LSTC Expands Michigan Office Portfolio"},"content":{"rendered":"<div id=\"attachment_1004308619\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004308619\" data-attachment-id=\"1004308619\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/california-based-lstc-expands-mi-office-portfolio\/2250-butterfield-drive\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2250 Butterfield Drive\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2250 Butterfield Drive&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png?w=800\" loading=\"lazy\" class=\"wp-image-1004308619 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004308619\" class=\"wp-caption-text\">2250 Butterfield Drive<\/p><\/div>\n<p>Two years after <a href=\"https:\/\/www.commercialsearch.com\/news\/california-investor-acquires-michigan-office-property\/\">acquiring one of the two office buildings<\/a>&nbsp; that comprise Butterfield Park Place in Troy, Mich., California-based LSTC added its sister property to its portfolio.<\/p>\n<p>Wilson Real Estate, the previous owner of the 28,364 square-foot multi-tenant asset, will continue to oversee leasing efforts for both properties. L. Mason Capitani of CORFAC International represented both the seller and the buyer in the transaction, which marks LSTC\u2019s eleventh office acquisition in the state of Michigan.<\/p>\n<p>The one-story office building is located at 2250 Butterfield Drive and offers its tenants proximity to the Somerset Collection shopping center, Somerset Inn and Somerset Park Golf Course. It is approximately 20 miles from downtown Detroit and can be accessed via Interstate 75 off Big Beaver Road. Butterfield Park Place features ample parking as well as a park-like setting with a pond and fountain. Liberty Property &amp; Asset Management will manage the property.<\/p>\n<p>In addition to the Troy assets, LSTC also owns office buildings in other areas in Michigan such as Rochester Hills, Beverly Hills and West Bloomfield.<\/p>\n<p><em>Image via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.<\/p>\n","protected":false},"author":30,"featured_media":1004308619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1495,13,21742,21747],"tags":[36804,36803],"class_list":["post-1004308616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-detroit","category-midwest","category-latest","category-office","tag-l-mason-capitani-corfac-international","tag-wilson-real-estate-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LSTC Expands Michigan Office Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/california-based-lstc-expands-mi-office-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LSTC Expands Michigan Office Portfolio\" \/>\n<meta property=\"og:description\" content=\"The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/california-based-lstc-expands-mi-office-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-14T17:22:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T16:44:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2250-Butterfield-Drive.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/california-based-lstc-expands-mi-office-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/california-based-lstc-expands-mi-office-portfolio\\\/\"},\"author\":{\"name\":\"Roxana Baiceanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b9dffbe4e6d3437c6ee209677f7462f2\"},\"headline\":\"LSTC Expands Michigan Office Portfolio\",\"datePublished\":\"2019-03-14T17:22:36+00:00\",\"dateModified\":\"2022-03-03T16:44:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/california-based-lstc-expands-mi-office-portfolio\\\/\"},\"wordCount\":190,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/california-based-lstc-expands-mi-office-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/03\\\/2250-Butterfield-Drive.png\",\"keywords\":[\"L. 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