NEWS

january 2007

New leases to kick off the new year

Plastech Corporation, which provides state-of-the-art custom injection molding services to customers nationwide, has recently signed a lease for space at Ashley Capital’s Warren Business Center (WBC). Plastech will be taking 106,000 SF in the Warren, MI warehouse/distribution facility for a three-year term. Grubb & Ellis represented Ashley and Signature Associates represented Plastech.

NYX, a manufacturer of injection molded automotive parts, has signed a lease to expand its presence in Ashley Capital’s Plymouth Road Technical Center (PRTC) in Livonia, MI. NYX is taking an additional 108,000 SF in the building so that there overall occupancy in the building will be a total of 320,000 SF. Their leases have staggered maturities with a portion expiring in 2011 and the remainder in 2013. In PRTC, NYX provides sequencing operations for General Motors parts including glove compartments, carpeting and door panels.
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