The new facility will serve as the Detroit distribution center for S.P. Richards Co., a business products wholesalers. Richards distributes over 30,000 business products, ranging from office furniture to paper goods to more than 7,000 resellers in the United States and Canada from a network of 44 Distribution Centers.
Gary Sallen of Signature Associates brokered the deal on behalf of Richards and Chicago-based Richmond Asset Management, which manages the facility. The 500,000-sf Metro Commerce Center had been 100% leased for over 10 years, but consolidation by two current tenants, opened up 375,000 sf of space in May. The center features a variety of truck docks and a trailer parking area.
Metro Commerce is located at 32500 Van Born Road, south of US 12 (Michigan Ave.) and west of Merriman Road, in Wayne, west of Detroit.
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