Ford Land Taps Mid-America to Lease Retail Space
- Sep 01, 2017
A few months after breaking ground on its campus in Dearborn, Mich., Ford Land selected Mid-America Real Estate to lease the property’s retail component. The team of brokers handling the listing includes Principal Brad Rosenberg, Vice President Bryan Weiss and Associate Lindsey Shaw. The space will be available by mid-2018, when the property is slated for delivery.
A state-of-the-art campus
Wagner Place, Ford Motor Co.’s new facility, is a 150,000-square-foot development, which will replace the company’s 60-year old facilities in West Dearborn. Built on the grounds of the former Wagner Hotel, which served the area for 120 years, the building will preserve and restore the hotel’s façade with its iconic turret. It will also be within walking distance of Ford’s product development campus.
Located on the southeast and southwest corners of Michigan Avenue and Monroe Street, the $60 million property will offer retail space on the first floor, two floors of office space and a rooftop patio for 600 Ford employees. Developers also plan to have the facility LEED certified.
Wagner Land is just one of Ford’s developments started this year. At the beginning if the year, the company announced it will invest $700 million in expanding its Flat Rock factory.
Rendering courtesy of Mid-America Real Estate