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TROY, MI-Liberty Mutual Group renewed its 2,106-square-foot lease here at Baluster Park’s Henley Centre. The three-story, 73,181-square-foot building is owned by New York-based Emmes Asset Management Co. LLC.

“We are pleased to continue to service Liberty Mutual’s long-term office space needs,” says Emmes’ associate Audris Shau. “Our number one goal is to provide all of our tenants with the highest level of service. In this economic climate, it’s rewarding when an existing tenant sees the value of the Baluster Park location and commits to keeping their business here.”

The lease terms of the deal were not disclosed. The asking rent is $16.45 per square foot. There remains 18,028 square feet available for lease in the building, which was built in 1981.

Grubb & Ellis represented Liberty Mutual while CB Richard Ellis represented Emmes. <p.Henley Centre is part of the eight-building Baluster Office Park. Total the park hosts 1.2 million square feet of office space.

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