{"id":1004234354,"date":"2018-06-12T00:53:55","date_gmt":"2018-06-12T08:53:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004234354"},"modified":"2022-12-05T22:55:27","modified_gmt":"2022-12-06T06:55:27","slug":"nkf-facilitates-mi-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-facilitates-mi-industrial-sale\/","title":{"rendered":"NKF Facilitates MI Industrial Sale"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004234356\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004234356\" data-attachment-id=\"1004234356\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nkf-facilitates-mi-industrial-sale\/1875-stephenson-highway-troy-mich\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;7&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;E8400&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;-62169984000&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;7.5&quot;,&quot;iso&quot;:&quot;50&quot;,&quot;shutter_speed&quot;:&quot;0.0039494470774092&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1875 Stephenson Highway, Troy, Mich.\" data-image-description=\"&lt;p&gt;1875 Stephenson Highway, Troy, Mich.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1875 Stephenson Highway, Troy, Mich.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg?w=800\" class=\"wp-image-1004234356 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg\" alt=\"1875 Stephenson Highway\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004234356\" class=\"wp-caption-text\">1875 Stephenson Highway<\/p><\/div>\n<p>Newmark Knight Frank has represented National Print and Mail in selling a 22,000-square-foot warehouse in Troy, Mich. The buyer is SourceHub, an online distributor of warehousing and facility equipment. The firm is relocating from 2200 Stephenson Highway as it requires additional space to expand operations. Moving date was set for July 2018. Senior Managing Director Geoff Hill and Associate Paul Gyarmati brokered the deal.<\/p>\n<p>The distribution facility is located at 1875 Stephenson Highway, close to Interstate 75. Completed in 1965 in a dense industrial area, the property spans 2 acres and includes 1 acre of outdoor, paved and secured storage space. In addition to warehouse space, the facility encompasses an office component and features LED lighting.<\/p>\n<p>For several quarters, the industrial real estate market in Troy has seen an increased interest from both local and out-of-state investors and businesses as a result of the <a href=\"https:\/\/www.commercialsearch.com\/news\/fords-michigan-expansion-could-help-boost-other-industrial-tenants\/\">rise of the automotive industry<\/a>. The e-commerce sector, led by Amazon\u2019s repeated expansions, has also boosted leasing and transaction activity. &nbsp;<\/p>\n<p><em>Image courtesy of NKF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Print and Mail sold the 1965-built property to SourceHub, an online distributor of warehousing and facility equipment. The buyer plans to relocate its operations in July 2018.<\/p>\n","protected":false},"author":1064,"featured_media":1004234356,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1495,21748,13,21742],"tags":[36007],"class_list":["post-1004234354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-detroit","category-industrial","category-midwest","category-latest","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NKF Facilitates MI Industrial Sale - 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\/nkf-facilitates-mi-industrial-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKF Facilitates MI Industrial Sale\" \/>\n<meta property=\"og:description\" content=\"National Print and Mail sold the 1965-built property to SourceHub, an online distributor of warehousing and facility equipment. The buyer plans to relocate its operations in July 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nkf-facilitates-mi-industrial-sale\/\" \/>\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=\"2018-06-12T08:53:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T06:55:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/1875-Stephenson-Highway-Troy-Mich..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"headline\":\"NKF Facilitates MI Industrial Sale\",\"datePublished\":\"2018-06-12T08:53:55+00:00\",\"dateModified\":\"2022-12-06T06:55:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/\"},\"wordCount\":180,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/06\\\/1875-Stephenson-Highway-Troy-Mich..jpg\",\"keywords\":[\"Newmark Knight Frank\"],\"articleSection\":[\"Deals\",\"Detroit\",\"Industrial\",\"Midwest\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nkf-facilitates-mi-industrial-sale\\\/\",\"name\":\"NKF Facilitates MI Industrial Sale - 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