DETROIT-The DeMattia Group of Plymouth said it’s ensured its job security for thenext few years by buying up some of the last industrial land left in thearea.DeMattia plans on building a $150 million new industrial park.

The company paid $6 million to buy about 100 acres north of its currentMetroWest Technology Park, which currently includes tenants such as DowCorning, Metaldyne and Collins & Aikman.

Detroit owned the property, which is a portion of about 800 acres of formerprison land spread across Plymouth and Northville townships. The city ofDetroit is trying to get rid of all the unused property to raise money forits budget.”We didn’t need all that property, it’s mostly residentially zoned,” saidGary Roberts, president of DeMattia.

He said the new property will expand MetroWest, and will feature up to 15build-to-suit facilities.”Looking at the original park, we have some buildings that are 12,000-sf,and some that are 400,000-sf,” Roberts told “It should bearound 900,000-sf total when built out. We’re going to put about $10 millioninto infrastructure, like roads, sewers, etc.”

He said he’s had some inquires about the property, but nothing solid yet.The value of the property is based on what lack of other options are around,Roberts said.”The Western-Wayne market, especially the M-14 corridor, is very successful,and we’re about out of land,” Roberts said. “This provides us the ability todo work for another five years here.”

The corridor, which has followed a lot of residential movement west fromDetroit, has withstood some of the slowdowns of the economy, Roberts said.Current lease rates at his MetroWest park are at between $13-$15 triple net,Roberts said. The maximum lease rates for industrial and high tech space forWayne are $19, the highest in the Southeast Michigan area, according toFriedman Real Estate Group Inc. of Farmington.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.