(To read more on the net lease market, click here.)
(Natalie Keith is a contributing writer to GlobeSt.com.)
AUBURN HILL, MI-The signing of two new leases at the 66,000-sf High Meadow Office building has brought the once-vacant property to 90% occupancy. Pennsylvania- and Canada-based Nova Chemicals signed a seven-year lease for 7,072 sf, and Auburn Hills-based Insight Network Logistics signed a lease for 3,793 sf.
Nova Chemicals produces materials for customers worldwide that produce consumer, industrial and packaging products and Insight Network Logistics is a logistics service company that specializes in automotive vehicle distribution. The length of the Insight lease was not disclosed.
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