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MichiganOffice

The FDIC signs lease for office space in Michigan market

June 29, 2022
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Federal Deposit Insurance Corporation (FDIC) has signed a lease for a 6,000-square-foot, Class-A office space at 38000 Assembly Park Drive in Wixom, Michigan.

JLL Transaction Manager Kelly Fisher and Managing Director Neal Warling led leasing efforts for building owner General RV.

FDIC will be closing the doors of its Livonia and Grand Rapids offices to move to this new office, located minutes from Interstate 96. The agency’s new space—in shell condition—will be a consolidation of two existing office spaces within the building. FDIC plans to build out the entire space, which will include training rooms for employees. Other building perks include free parking and scenic, wooded surroundings.

A 36,000-square-foot building with high-end finishes, 38000 Assembly Park Drive is one of two office locations within Assembly Park, a mixed-use development. It’s located near a variety of retail, dining and lodging options, including Menards, General RV, Duluth Trading Company, Culver’s, Wendy’s, The Grand Diner, Meijer, the Holiday Inn Express and more. Previously the Ford Wixom Assembly Plant, the site was demolished and redeveloped to appeal to a wide range of tenants.

FDIC’s move to a newer, Class A building also represents the growing flight to quality trend in the office market across the nation—and specifically in Detroit.

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