"This was a success on many levels," says Grubb SVP ChrisDowell. "We were able to bring together diverse parties to sell anautomotive manufacturing facility in a tough market. It's also awin for Michigan – this is the buyer's first investment in thestate, indicating that some investors see long-term potentialhere."
Grubb & Ellis executives tell GlobeSt.com, TRW IntegratedChassis Systems LLC leases 682,000 square feet in the facility,located at 2328 E. Genesee. Dowell is exclusively marketing theremaining 230,000 square feet.
Dowell with colleagues Geoff Hill, AVP, and Patrick Shannon, VP,represented both the buyer and seller.
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