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MichiganIndustrial

Newmark Knight Frank wraps pre-leasing at Michigan corporate center

April 24, 2018
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Newmark Knight Frank has completely pre-leased Livonia Corporate Center Phase II on behalf of the developer, Ashley Capital. Located at 28101-28201 Schoolcraft Road in Livonia, Michigan, Livonia Corporate Center Phase II is a two-building, 915,000-square-foot speculative industrial development.

NKF Executive Managing Director Dan Labes and Senior Managing Director Tom Oldham recently completed four leases at the two buildings, pre-leasing them to full occupancy.

NKF’s Labes and Oldham completed a 590,000-square-foot lease to Penske Logistics, a 185,000-square-foot lease to Experi-Metal Inc., an 80,000-square-foot lease to Orora Fresh and a 60,000-square-foot lease to Safelite Autoglass. The firms will begin to take occupancy of their new spaces at the corporate center in April and May of 2018.

Currently under construction and set for completion in April 2018, Livonia Corporate Center Phase II will consist of a 173,000-square-foot building and a 742,000-square-foot building, and will feature numerous truck dock doors, ample trailer staging spaces, ESFR sprinklers, ample car parking and office space to-suit.

Livonia Corporate Center Phase I was completed in 2000 and consists of two warehouse/distribution buildings totaling about 1.1 million square feet that are occupied by tenants such as Ford Motor Company and Veritiv.

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