{"id":1004138734,"date":"2016-03-08T09:10:13","date_gmt":"2016-03-08T17:10:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004138734"},"modified":"2020-04-01T10:27:44","modified_gmt":"2020-04-01T18:27:44","slug":"foreign-auto-supplier-snags-industrial-warehouse-near-motor-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/","title":{"rendered":"Foreign Auto Supplier Snags Industrial Warehouse near Motor City"},"content":{"rendered":"<p><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004138735\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004138735\" data-attachment-id=\"1004138735\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/23300-southfield-mich\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\" data-orig-size=\"1185,716\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Veronica Grecu&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1457367850&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"23300 Southfield, Mich.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg?w=1024\" class=\"wp-image-1004138735 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\" alt=\"23300 Southfield, Mich.\" width=\"300\" height=\"181\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg 1185w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg?resize=300,181 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg?resize=768,464 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg?resize=1024,619 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004138735\" class=\"wp-caption-text\">23300 Northwestern Highway, Southfield, Mich.<\/p><\/div>\n<p><strong>Southfield, Mich.<\/strong>\u2014The Detroit office of <a href=\"https:\/\/www.ngkf.com\/\" target=\"_blank\" rel=\"nofollow\">Newmark Grubb Knight Frank<\/a> (NGKF) ended the month of February on a high note with a notable transaction brokered on behalf of <a href=\"https:\/\/www.elringklinger.de\/en\" target=\"_blank\" rel=\"nofollow\">ElringKlinger Automotive Manufacturing<\/a>, a German auto parts supplier with offices in the U.S.<\/p>\n<p>An NGKF team led by Director Tom Oldham completed the sale of the former Staples fulfillment center located at 23300 Northwestern Highway in Southfield, Mich. According to <a href=\"https:\/\/rebusinessonline.com\/ngkf-brokers-sale-of-116389-sf-industrial-building-in-southfield-michigan\/\" target=\"_blank\" rel=\"nofollow\">REBusiness Online<\/a>, the <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial\/\" target=\"_blank\">industrial warehouse<\/a> was purchased by <a href=\"https:\/\/www.stagindustrial.com\/Default.aspx\" target=\"_blank\" rel=\"nofollow\">STAG Industrial<\/a> for $8.4 million.<\/p>\n<p>Oldham also assisted the buyer with overcoming the zoning challenges, as the original zoning did not allow for manufacturing uses. The acquisition is part of ElringKlinger\u2019s plans to consolidate its two locations in the Michigan\u2014one in Warren and one in Plymouth\u2014and expand its presence in the U.S.<\/p>\n<p>Conveniently situated on 10.73 acres with direct access along Southfield Road and Northwestern Highway, the 116,389-square-foot industrial facility was completed in 2006. Staples, formerly a tenant in the building, vacated in early 2015 and put the building on the market for sublease. However, after touring the facility and evaluating the market, ElringKlinger decided to purchase the asset along with 5.41 acres of adjacent vacant land.<\/p>\n<p>The new owner will take occupancy of the newly acquired warehouse in the first quarter of this year.<\/p>\n<p><em>Aerial view via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A former Staples fulfillment center near Detroit was sold last month for north of $8 million.<\/p>\n","protected":false},"author":258,"featured_media":1004138735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1495,21748,13],"tags":[],"class_list":["post-1004138734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-detroit","category-industrial","category-midwest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foreign Auto Supplier Snags Industrial Warehouse near Motor City - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign Auto Supplier Snags Industrial Warehouse near Motor City\" \/>\n<meta property=\"og:description\" content=\"A former Staples fulfillment center near Detroit was sold last month for north of $8 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-08T17:10:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T18:27:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1185\" \/>\n\t<meta property=\"og:image:height\" content=\"716\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/\",\"name\":\"Foreign Auto Supplier Snags Industrial Warehouse near Motor City - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\",\"datePublished\":\"2016-03-08T17:10:13+00:00\",\"dateModified\":\"2020-04-01T18:27:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg\",\"width\":1185,\"height\":716},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Foreign Auto Supplier Snags Industrial Warehouse near Motor City\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\",\"name\":\"Veronica Grecu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"caption\":\"Veronica Grecu\"},\"description\":\"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.\",\"sameAs\":[\"https:\/\/x.com\/@VeraGrecu\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Foreign Auto Supplier Snags Industrial Warehouse near Motor City - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/","og_locale":"en_US","og_type":"article","og_title":"Foreign Auto Supplier Snags Industrial Warehouse near Motor City","og_description":"A former Staples fulfillment center near Detroit was sold last month for north of $8 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-03-08T17:10:13+00:00","article_modified_time":"2020-04-01T18:27:44+00:00","og_image":[{"width":1185,"height":716,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg","type":"image\/jpeg"}],"author":"Veronica Grecu","twitter_card":"summary_large_image","twitter_creator":"@VeraGrecu","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/","url":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/","name":"Foreign Auto Supplier Snags Industrial Warehouse near Motor City - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg","datePublished":"2016-03-08T17:10:13+00:00","dateModified":"2020-04-01T18:27:44+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg","width":1185,"height":716},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/foreign-auto-supplier-snags-industrial-warehouse-near-motor-city\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Foreign Auto Supplier Snags Industrial Warehouse near Motor City"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62","name":"Veronica Grecu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","caption":"Veronica Grecu"},"description":"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.","sameAs":["https:\/\/x.com\/@VeraGrecu"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/23300-Southfield-Mich..jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004138734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/258"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004138734"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004138734\/revisions"}],"predecessor-version":[{"id":1004406916,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004138734\/revisions\/1004406916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004138735"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004138734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004138734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004138734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}