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nine industrial buildings with about 1.5 million square feet in suburban Detroit

Address nine industrial buildings with about 1.5 million square feet in suburban Detroit
City/State: , Michigan - MI
Size: 1,500,000 SqFt
Property type: Industrial
Status: SOLD
Transaction Date: 07/23/2019
Buyer: Morning Calm Management
Seller: Promanas, an Ann Arbor, Mich., real estate investment firm
Broker: NKF Capital Markets
Price: $83,700,000
Price per unit /sqft: $56


Note:

The portfolio consists of buildings in Auburn Hills, Lake Orion, Livonia, Macomb Township, Redford and Saline, Mich. Tenants include American Bottling Co., Ascent-Odyssey Industries LLC, Automated Media, Cooper-Standard Automotive Inc. and Quality Metalcraft Inc.



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