Updated Jan 12, 2026
Reishauer Corporation Acquires Industrial Building In Livonia Michigan For $4.25 Million
32235 Industrial Road
$4,250,000
$99/SF
Building Size
42,522 SF
Asset Type
Industrial
Closing
Dec 13, 2025
About this deal
AI
An industrial property located at 32235 Industrial Road in Livonia, MI, has been sold. The asset encompasses 2.58 acres and comprises a 42,522-square-foot building. The sale was completed for $4,250,000 on December 13, 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,250,000
- Buyer: Reishauer Corporation
- Broker Representatives: Dave Plumley & Parker Jamieson - PA Commercial
- Market: Livonia, MI
- Acres: 2.58
Reishauer Corporation, a Swiss gear company, has acquired the property, while the seller intends to purchase a smaller facility next. The transaction was facilitated by brokers Dave Plumley and Parker Jamieson from PA Commercial.
Players
Livonia Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93