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Newmark Grubb Knight Frank (NGKF) represented ATW Automation, Inc. (ATW) in the relocation of its Michigan manufacturing facility previously located at 12841 Stark Road in Livonia, Michigan to 31077 Durr Drive in Wixom, Michigan.
ATW, an affiliate of ATS Automation, Inc, is an Ontario-based company which designs and builds factory automation solutions. Needing to improve efficiencies and expand capacity with additional square footage, ATW selected NGKF to assist with finding the firm a more suitable space for their manufacturing facility in Michigan.
NGKF’s Anthony Avendt, senior managing director, represented ATW in the search for its new location in cooperation with, NGKF’s Rob Renaud, CCIM, SIOR, senior vice president and managing principal and Cam Graham, associate, both of Newmark Devencore, Toronto. Avendt, Renaud and Graham assisted in the firm’s site selection analysis, ultimately securing a long-term lease at 31077 Durr Drive, facilitated by the early lease termination of an existing tenant. The 117,709-square-foot manufacturing facility is on 12.84 acres and includes 27,800-square-feet of office and administration space.
“ATW was in need of a larger facility to house their expanding manufacturing operations,” NGKF’s Avendt said. “By way of a collaborative effort, our Detroit and Toronto teams were able to identify and secure an off-market opportunity that enabled our client to improve efficiencies and expand capacity to meet their current business needs.”
ATW will take occupancy of the new facility immediately and is currently working with the city of Wixom to re-name the street in honor of its long-term commitment to the community and its clients.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 330 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.