KENTWOOD, MICH. — Encore Real Estate Investment Services has arranged the $4.8 million sale of a single-tenant Ashley Furniture Homestore in Kentwood, about eight miles south of Grand Rapids. The 30,000-square-foot property is located on 28th Street. Ashley Furniture has approximately nine years remaining on its double net lease. Logan McAnallen of Encore represented the seller, a Michigan-based private partnership. A local real estate firm represented the undisclosed buyer.