NOVI, MI-With construction now underway on a new Novi Expo Center, Signature Associates has been retained to seek tenants for the existing structure. The owners of the Novi Expo Center are building an $18-million, 320,000-sf conference center about a mile from the current expo site.

Both sites are visible from Interstate 96. The new facility will be at the Beck Road exit. Construction is to take about a year. Once that’s complete, the existing center will be marketed for long-term leases, says John Fricke, associate broker and principal in the office division of Southfield-based Signature. The existing structure contains a total of 300,000 sf and Fricke says several options are possible at the building.

“You got freeway visibility, far more parking than is typical for a building this size,” he tells GlobeSt.com. “It is ideally suited for a showroom retail operation.”

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