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Morning Calm Management Expands Detroit Area Footprint With $83.7 Million Acquisition

Florida Investor Acquires 1.5 M-SF Industrial Portfolio
This 215,000-square-foot manufacturing facility in Macomb was included in the Detroit metropolitan area industrial portfolio. Photo: CoStar
This 215,000-square-foot manufacturing facility in Macomb was included in the Detroit metropolitan area industrial portfolio. Photo: CoStar
By Alex Collie
CoStar Research
May 28, 2019 | 1:57 P.M.

Morning Calm Management purchased a nine-building industrial portfolio in the Detroit metropolitan area from local investment firm Promanas Group for $83.7 million.

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News | Morning Calm Management Expands Detroit Area Footprint With $83.7 Million Acquisition