January 3, 2018 – Southfield, MI – Colliers International is pleased to announce the lease and sale of a 40,000 square foot industrial research and development space located at 1099 Chicago Road in Troy, MI.
Peter Kepic Sr., Principal, and Peter Kepic Jr., Senior Vice President of Colliers International Detroit represented the landlord, John Secco of Allegra Development in the lease. Over the course of the last year, Gary Grochowski, Senior Vice President and Bryan Barnas, Associate at Colliers, have been working alongside the new tenant evaluating possible sites. Through Colliers’ strong industrial presence and professional relationships, they were able to provide the first look and eventually represent the new tenant, Bontaz Centre, in the lease.
Founded in 1965 by Mr. Yves Bontaz, Bontaz Centre is the worldwide leader in automotive fluid management, specializing in subassembly design and production. With over 4,000 employees on staff sprawling over 24 locations on 5 continents, the space previously occupied by International Automotive Components will be used as Bontaz Centre’s new North American Headquarters.
Bontaz Centre will occupy their new design and production space beginning March 1, 2018. Over the course of their first year, they will be expanding their initial 40,000 square feet by 20,000 more to increase their production processes and accommodate their growing workforce.
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.