Sovereign Partners and JLL have announced the upcoming construction of a new office building at Grace Lake Corporate Center, an office park at One Village Center Drive in Van Buren Township, Michigan, in the Detroit market.
The new building will have about 150,000 square feet of space available for lease beginning in late 2018.
This speculative project would mark one of the first new Class-A office buildings of its size the Detroit market has seen in more than 15 years.
JLL is the exclusive leasing agent of Grace Lake Corporate Center. A.J. Weiner, managing director at JLL, and Anne Knopke, vice president at JLL, will represent the property throughout the leasing process.
Originally built in 2004, Grace Lake Corporate Center also has up to 800,000 square feet of build-to-suit land for future construction opportunities. The property is the closest Class-A office facility to the Detroit Metro Airport with easy highway access to downtown Detroit, Ann Arbor, Toledo and the Oakland County suburbs.
Tenants in the new building will have access to all of the property’s current amenities, including a full-service cafeteria and market, fitness center, a conference and training center, putting green, abundant parking, wooded nature trails and a walking path around Grace Lake.
Groundbreaking is expected to begin before the end of 2017 with estimated completion in 2018.