Daily limit: 0/10
DTE Energy Leases 528K SF Industrial Space In Redford, Michigan
LEASED
$528,340
Michigan
See Similar DealsIndustrial528,340 SF
Leased 07/28/2023
LEASED
DTE Energy Leases 528K SF Industrial Space In Redford, Michigan
24400 Glendale Redford Charter Twp, Mi 48239, Usa
See Similar DealsIndustrial528,340 SF
Leased 07/28/2023
Summary
MICHIGAN
Asset Type:Industrial
Price Per Square Foot:$528,340
Total Square Footage:528,340 SF
Transaction Type:Lease
DTE Energy has signed a 528,340 square feet industrial lease at Pinnacle Logistics Park located at 24400 Glendale Road in Redford, Michigan. The property will be utilized by DTE Energy to store their equipment. The lease was secured at an asking rent of $4.25 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Date: 07/28/2023
- Address: 24400 Glendale Road, Redford, Michigan
- Market: Redford, Michigan
- Tenant: DTE Energy
- Landlord's Representative: Jared Friedman - Friedman Real Estate
- Tenant's Representative: CBRE
The deal was negotiated with the assistance of CBRE, who represented DTE Energy in the transaction. Jared Friedman of Friedman Real Estate acted as the landlord's representative throughout the process.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$320,006,344,642.15
Total Lease Value
$3,200,063,446,421.50
Net Landlord Cash Flow$320,006,344,642.15
Is there something missing? Send suggestions