Ashley Capital finalized the purchase of 18+ acres of land from RACER Trust at the corner of Eckles Road and Amrhein Road in Livonia, Michigan, ideally located near I-96 and I-275.
The newly acquired 18-acre parcel is part of the former GM Delco Chassis property. When added to the 20 acres that Ashley purchased in 2014, the site now totals over 38 acres and will house a 365,000 square foot industrial facility that is expected to yield 200 new jobs for the community. Ashley is already familiar with this particular location having recently developed a 1.1 million-square-foot fulfillment center for Amazon in 2017 on an adjacent site.
Read more: https://www.ashleycapital.com/ashley-capital-industrial-property-transaction-2021/