Grubb & Ellis arranges 116,000-square-foot industrial sale in Michigan
May 11, 2010 | Staff Writer | Print Article | Email this Article
Grubb & Ellis Company in early May represented Ogura Industrial Corporation in the sale of a 116,786-square-foot industrial building located in Madison Heights, Mich. Dynamex Properties LLC, parent company of Trynex International, purchased the building. Total consideration for the transaction was $1.8 million.
Geoff Hill and Dan Labes, both senior vice presidents with Grubb & Ellis, represented the seller in the transaction. Gary Stephens of Signature Associates represented Dynamex.
Trynex International, which is moving from Warren, Mich., is a manufacturer of snow, ice and turf equipment. Ogura Industrial Corporation is a manufacturer of electromagnetic clutches and brakes.
Tags | Grubb & Ellis, industrial, Michigan, Signature Associates















