Industrial Real Estate is Flourishing, Ashley Capital Aims to Provide Much-Needed Space

Michigan, Other Company News | March 20, 2023

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Industrial Real Estate is Flourishing, Ashley Capital Aims to Provide Much-Needed Space

As active industrial and warehouse development hits a 2-year high, Ashley Capital aims to provide much needed space to an expanding Metro Detroit tenant base.

“We’ve had a really good run here,” said Kyle Morton, vice president of development for Ashley Capital.

“If you look at the speculative buildings that have delivered the last five or six years, the only vacancy I can think of is that we have 100,000 square feet left in Livonia in one of our buildings, but we have an agreement with a tenant and the lease just isn’t signed yet.”

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