Construction has started on Ashley Capital’s light industrial-warehouse building in Michigan’s Hazel Park. The 3rd building of this project by the company is the largest industrial building with 910,000 square feet.
“They are not worried about finding tenants because of the location. Though the raceway had to close, we ended up with a good development that will maintain our tax base and create job opportunities for the people of Hazel Park and the bordering metro Detroit region.”
– City Manager Ed Klobucher
About Ashley Capital
Ashley Capital, LLC is one of the largest privately owned industrial real estate investment/development firms in the United States. The firm has offices in Atlanta, Chicago, Detroit, Grand Rapids, Norfolk and New York. Ashley’s current portfolio is over 27,000,000 square feet. Ashley is a long-term flexible owner that actively manages its properties and pays close attention to the needs of its tenants.