P.A. Commercial Brokers $6.4M Sale of 133,332 SF Warehouse/Distribution Center in Warren
(October 29, 2024, Warren, MI) – P.A. Commercial is excited to announce the sale of a 133,332-square-foot warehouse and distribution center located at 25800 -25840 Sherwood Ave, Warren, Michigan. The building, situated in one of the nation’s key automotive industry hubs, was purchased by an automotive supplier for $6.4M at $48 p/SF.
The building sits on a 8.95-acre site and boasts 16 truck docks, heavy power, five overhead doors, trailer parking, and a fenced-in yard, providing strategic advantages for large-scale industrial operations.
The seller was represented by Levi Smith and Kevin Bull of P.A. Commercial, who successfully pivoted the marketing approach in July 2024 to appeal to out-of-state investors and users. The property had been on the market for over two years before this change in strategy led to its sale.
“This sale reflects the demand for well-located industrial properties in Metro Detroit, particularly for companies looking to expand their footprint in proximity to key automotive players like General Motors,” said Kevin Bull of P.A. Commercial. “The buyer found this location ideal for their continued growth, and it will serve as a strategic asset for their business in the region.”
“The building’s location in Warren provides easy access to major transportation networks, including highways and railroads, facilitating efficient logistics for businesses,” Levi Smith adds. “Warren’s reputation as a major hub for the American automotive industry made the property particularly appealing. This new facility will allow the company to grow and serve the automotive market more directly.”