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Mercedes-Benz’s Financial Arm Will Move to Detroit-Area BTS

Olympia Development of Michigan and Mercedes-Benz Financial Services (MBFS) plan to initiate a new greenfield, build-to-suit facility in Farmington Hills, MI. The new Class A office space will become headquarters for MBFS and regional headquarters for Daimler Mobility Americas.

The 200,000-square-foot complex will be located on a 35-acre parcel of land on the southwest corner of Drake and 12 Mile roads. Mercedes-Benz Financial Services currently leases space in an office complex less than a mile from the forthcoming development.

“While this location was once conceived as the headquarters of Little Caesars, we are excited that another great global brand will now call it home,” said SVP Keith Bradford of Olympia, the development arm of the Illitch family that’s behind the District Detroit project.

Gensler’s Detroit office will design the project, with locally-based Kirco Manix serving as general contractor. Construction is expected to begin this fall, with completion estimated for summer 2021.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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