Newmark closed the sale of Aeroplex One and Two, a two-building, 600,000-square-foot industrial campus in the Detroit suburb of Romulus, Michigan.
The assets traded from seller Nemer Property Group, the original developer of the project, to buyer Sealy & Company. Newmark Executive Managing Director Daniel Labes represented the seller.
Located at 10049 and 10401 Harrison Road, Aeroplex One and Two are twin Class-A warehouse buildings measuring about 300,000 square feet each. Building features include six drive-in doors, 90 dock doors, 50’ by 50’ bay sizes, ESFR fire suppression and an abundance of car and trailer parking.
The buildings offer access to Interstate 94, providing connection to Interstates 275, 96 and 75 to reach the entire Detroit metro area and beyond. The property is situated immediately adjacent to Detroit Metropolitan Airport, making it an ideal location for distribution users.