Featuring large, 39,000-sf floor plates, the glass-and-brick facility is set to attract a build-to-suit tenant in the cityÕs office market, valuable because of its closeness to automotive manufacturing (specifically Daimler-Chrysler) and supply companies and lack of space for new development. "We hope to lease to one research or technology tenant for the entire facility," Doran says.
Southfield-based Signature Associates is broker for the project. The construction financing was provided by Bank One Corp. The general contractor is J.M. Olson Co. Design architect for the project is the Los Angeles-based Langon Wilson Architects.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
