Lofts at 820 in Grand Rapids for sale

GRAND RAPIDS, Mich. (WOOD) — Lofts at 820 in Grand Rapids are up for sale.

According to a memo from the Michigan Economic Development Corporation, the building, with eight commercial tenants and more than 80 apartments, is up for sale. It is not yet known who the buyer is.

Lofts on 820 and the buyer have entered into a purchase agreement.

The MEDC on Tuesday approved a request by Lofts on 820 and its bank to extend the maturity date of a state-backed redevelopment loan for the building so the sale can proceed. This loan was extended on April 26.

The Lofts on 820 building project, which redeveloped a former office building, was completed in 2018.

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