(To read more on the industrial market, click here.)
(Natalie Keith is a contributing writer to GlobeSt.com.)
TROY, MI-Automotive supplier National Coatings purchased a 54,496-sf industrial building for $2.5 million operates its manufacturing division. The building, located at 1148 Rochester Rd., was sold by Avocet Investment, LLC.
Matthew Osiecki, James Dingeman and Mark Collins, of CB Richard Ellis Detroit, represented Avocet Investment in the transaction. Osiecki tells GlobeSt.com that National Coatings was leasing the one-story metal-panel industrial building from Avocet Investment but had an option to purchase it. The company manufactures specialty-coated papers, films and other products for digital color imaging and reprographics.
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