SIGNATURE LEASES 48,010 SQUARE FEET OF INDUSTRIAL SPACE IN NOVI

SOUTHFIELD, MICHIGAN—November 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.

Paul 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).

About Signature Associates

Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the region’s 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.

In 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.

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