FARMINGTON HILLS, Mich. (June 27, 2011)—Auto supplier Henniges Automotive North America Inc. is set to break ground as early as next month on a 55,000-sq.-foot headquarters in Auburn Hills, Mich.
The deal marks the second in the Oakland Technology Park—former Chrysler Group L.L.C. land purchased in March 2010 by Southfield, Mich.-based General Development Co.
While General Development will develop the building, Livonia-based Schostak Bros & Co. will own it and lease it to Henniges, said Randy Thomas, president of Southfield-based Insite Group. Insite brokered the deal along with Matt Farrell, executive principal with Core Partners L.L.C.
Thomas said Henniges will move into a building that is smaller and more energy-efficient than its current headquarters. The developers will seek LEED certification for the building.
“It's a deal that means a bottom-line savings in both rental costs and energy costs,” he said. “They're right-sizing their space and getting a new, LEED-certified building, with a cost savings as well.”
The company currently occupies a 75,000-sq.-foot building in the Farmington Hills Corporate Campus, according to the Washington, D.C.-based CoStar Group.