CORE-BKG Acquires Auburn Hills Industrial Property
March 19, 2018- Bingham Farms, MI An investment group which includes principals of CORE Partners Associates LLC and Burton-Katzman LLC has acquired a nearly 119,964 square foot industrial building in Auburn Hills, Michigan. The purchase took place in January 2018.
The property, located at 1426 Pacific Drive, sits on 10.54 acres in a prominent industrial park visible from I-75. It is a single-tenant light industrial manufacturing facility.
The property is currently occupied by BAE Industries. BAE Industries provides metal manufacturing services. It offers concept development, product design, rapid prototyping, manufacturing and assembly, delivery, metal stamping, and design services. BAE Industries has been at this location for 15 years.
The acquisition of this property builds upon the CORE-BKG Investment portfolio. CORE Partners Associates LLC has been engaged by ownership to manage the property. CORE-BKG has acquired more than 1.8 million square feet of space over the past two years and is actively pursuing additional investment opportunities, especially well-located industrial properties in the primary markets of Metro Detroit, Lansing, Grand Rapids and northern Ohio.
ABOUT CORE PARTNERS:
CORE Partners is a full-service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. CORE Partners brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. CORE Partners is committed to bringing its clients creative, cutting-edge solutions and providing the highest level of professional service fostering long-lasting relationships based on loyalty, integrity, and trust. CORE Partners assists corporate clients, lenders, institutions, property owners, investors and real estate developers in achieving their real estate objectives.