SOUTHFIELD, MICHIGANNovember 2, 2017 Signature Associates has negotiated the lease of 48,010 square feet of industrial space located at 46480 Magellan Drive, Novi, Michigan from landlord Eitan Winshtein.
/n
/nPaul Hoge of Signature Associates represented the tenant, Morrison Tool & Fab. Inc. This lease represents an expansion into the Michigan market by Morrison Industries (www.morrisonindustries.com).
/n
/nAbout Signature Associates
/n
/nSignature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the regions leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research.
/n
/nIn 2016, Signature completed more than 1,260 transactions totaling 32.2 million square feet and 2,100 acres with a value of $1.1 billion. Additionally, the firm manages more than 8 million square feet of commercial space for its third-party clients, making us one of the largest locally owned property management firms in the market. Over the past 10 years, the firm has closed $9.2 billion in transactions solidifying their position as the commercial real estate leader in Michigan and Northwest Ohio.