The 45,000 sf offices in the Westridge Office Center provide forincreased operating efficiencies, enhanced communications and engineering capabilities along with significant costs savings, said Key Plastic officials.

The company, a supplier of injection-molded products and services to the automotive industry, is now housed on one floor, instead of multiple floors,with administrative, technical and research operations seamlessly linked together.

Kenneth B. Lipschutz, president of Brookside, represented Key Plastics.Westridge was represented by its owners, Etkin Equities L.L.C.

Also, Lutz Capital Corp. of Farmington Hills said that employee Larry Harwood has arranged a $7.3 million loan for the refinancing of a 60,000 sf medical/ general office building in West Bloomfield.

The non-recourse loan is on a 10-year fixed rate note with a 30-year amortization schedule. Lutz did not divulge the company.

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
NOT FOR REPRINT

© 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.