Brownstown Business Center North

Brownstown Township, MI

The Property

Summary

  • Address: I-75 & Pennsylvania Road
  • Park Size: 1,800,000 SF
  • Number of Buildings: 5

In 1992, Ashley entered into a master lease of an existing and largely vacant 900,000 SF building in Brownstown Township, Michigan built between 1968 and 1974. Because of owner tax issues, an immediate sale was not feasible. The master lease mechanism allowed Ashley to undertake much needed renovations that resulted in 100% occupancy within 18 months.

In 1996, Ashley exercised a purchase option and became the owner of the property. Subsequently, Ashley purchased 95 contiguous acres and developed 224,000 SF and 500,000 SF buildings in 1997.

In 2003, Ashley leased a parcel of land to an existing tenant so that it could construct its own building. Later that year, Ashley completed development of the park with a 232,000 SF warehouse/distribution facility. The park, with frontage on I-75, now comprises over 1.8 million SF.

Location Highlights

Frontage on I-75
1,800,000 SF on 95 contiguous acres

Site Plan

map

Location

Nearby Properties

Brownstown Business Center South

Here are some other properties you might be interested in:

Brownstown Business Center South

Brownstown Township, Michigan


Address:

19661-20001 Brownstown Center Drive


Park Size:

2,977,000 SF


Number of Buildings:

5



More information in:

https://brownstownbusinesscentersouth.sharplaunch.com/

Team

Brokerage Team

Dan Labes

NEWMARK
248-350-9500