Seven Mile Alpine

Comstock Park, MI

Project Overview

Seven Mile Alpine is a 90,250 square-foot office/industrial/warehouse facility located in Comstock Park, MI. Rapid Engineering has occupied the building since its development in 1987. The building is situated on approximately 20 acres of historically agricultural land and is comprised of 76,140 square-feet of warehouse and 14,110 square feet of office space. 

Project Strategy

Rapid Engineering, a division of Roberts-Gordon, LLC, specializes in building air management and industrial process and finishing equipment. An innovative leader in the HVAC industry, Rapid Engineering’s on-site operations include metal fabrication and the pretreatment, spraypainting, and assembly of HVAC unit shells. Product distribution and office activities are also conducted on-site.

With its location slightly Northwest of Grand Rapids in Comstock Park, Rapid Engineering has occupied its building at 1100 Seven Mile since its development in 1987.  The building sits on approximately 20 acres of historically agricultural land and is composed of warehouse and office
space at a total of over 90,000 square feet. In addition to the building, the property improvements include a newly paved parking area, new roof in 2007, and updating painting in 2013.

After twenty years of business production, Roberts Gordon purchased Rapid Engineering and chose not to purchase the building in which it houses its operations. This choice provided a unique opportunity for Granger Group to step in and assist in Rapid Engineering’s succession plan by selling
the real estate to an affiliate of Granger Group through a sale/leaseback transaction. The sale leaseback transaction will enhance Rapid Engineering’s capital structure and reported earnings, allowing Rapid Engineering to focus on growing its business.