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February 2017

Ashley Welcomes Penske; Livonia Distribution Center is Fully Leased

Penske Logistics signed a 6-year deal for 228,000 square feet at Livonia Distribution Center in Livonia, MI, bringing the center to 100% occupancy.  Third Coast Commercial Real Estate represented Penske Logistics and CBRE represented Ashley Capital in the deal.

Renovated in 2016, the 1,000,000 square foot facility is also leased to: Hollingsworth Core Logistics, Kuka Systems, Roush Industries, and Vertiv Operating Company.