/n Detroit (February 2011)
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/n Otto Bock Polyurethane Technologies, Inc., the world’s largest manufacturer of orthotic and prosthetic components, is establishing a presence in Rochester Hills, Michigan, signing a new 53,243-square-foot lease for industrial space at 2923 Technology Drive. The international company headquartered in Duderstadt, Germany, has 43 sales and service locations worldwide and approximately 4,000 employees. This new location in Rochester Hills will be joining the other U.S. locations in Minnesota, Florida, Arizona and Utah.
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/n Newmark Knight Frank Executive Managing Director, Steve Morris and Director, Diane Meranski represented Otto Bock in the transaction.
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/n Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 220 offices in established and emerging property markets on six continents. With a combined staff of 7,300 and revenues last year exceeding $861 million, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.