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Chicago & Midwest  + Midwest  + Office  |  October 10, 2019
Paul Bubny
By: Paul Bubny

Flex Office Owner Seeks to Sell in Detroit Metro

CBRE has been hired by Ricardo Inc. as the exclusive listing agent for 40000 Ricardo Dr. in Van Buren Township, MI, within the Detroit metro area. Ricardo is looking to sell the 76,363-square-foot property and relocate, or consider a sale-leaseback instead.

Gregg Loichinger and Brandon Carnegie will handle the listing for CBRE.

Located with immediate access to I-275 and Ecorse Road, the office building provides connectivity to the greater Detroit area. The property consists of approximately 52,000 square feet of office on two floors and 24,234 square feet of warehouse space.

“This is a wonderful opportunity for a firm that would like to secure a well-located headquarters site with minimal build-out effort involved,” said Loichinger. “The possibility of having an exisiting tenant in place as well makes the property even more attractive, by mitigating certain ownership risks.”

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For comments, questions or concerns, please contact Paul Bubny

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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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