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Stacy's Golf Center in Warren closed earlier this year to make way for a large new industrial or warehouse/distribution building.
The property that housed the driving range and golf retailer, which had been open for more than 60 years at 24400 Dequindre Road, sold in August for $3.54 million to an entity called Warren SG USICIV LLC, which is registered in Texas at the Dallas address for developer Hillwood Enterprises LP. It is 19.38 acres, according to land records, making the purchase price about $182,507 per acre.
Marketing materials for the new Warren Commerce Center say the building, jointly developed by Ross Perot Jr.'s Hillwood and Detroit-based The Sterling Group, run by Gary Torgow's adult children, will be a roughly 296,000-square-foot building with a small, 2,000-square-foot office component.
It is anticipated to have 32-foot ceilings, 74 trailer parking spots and 280 car spaces, with a possible expansion to 396, the materials say.
Hillwood and Sterling Group are also working together on the redevelopment of the Pinnacle Race Course site in Wayne County's Huron Township and on the Shelby Township distribution center for Amazon.com Inc. on the site of a former Visteon Corp. auto parts plant.
Peter E. Kepic, principal in the Southfield office of brokerage firm Colliers International Inc., said Tuesday that the building should be complete by the summer. Colliers is responsible for securing a tenant or tenants. Contractors were not known.
A spokeswoman for Hillwood declined comment.
Emails sent to two addresses on the Stacy's website seeking comment were not returned.
The website says Joe Stacy leased the property in 1954 and built a 450-square-foot building on it, opening as the Town & Country Driving Range on Easter Sunday 1955. The name was changed to Stacy's Golf Center in 1979 after the opening of a 3,200-square-foot building for golf equipment sales.
"We have enjoyed 65 years of serving your golfing needs," Joe Stacy's daughters, Linda and Mary, wrote on the company's website. "We will forever be grateful for your patronage and support. We will truly miss the smiles, conversations and friendships. We feel blessed and are thankful that you have been a part of our lives. We look forward to seeing you on the golf course instead of from behind a counter!"
The property that housed the driving range and golf retailer, which had been open for more than 60 years at 24400 Dequindre Road, sold in August for $3.54 million to an entity called Warren SG USICIV LLC, which is registered in Texas at the Dallas address for developer Hillwood Enterprises LP. It is 19.38 acres, according to land records, making the purchase price about $182,507 per acre.
Marketing materials for the new Warren Commerce Center say the building, jointly developed by Ross Perot Jr.'s Hillwood and Detroit-based The Sterling Group, run by Gary Torgow's adult children, will be a roughly 296,000-square-foot building with a small, 2,000-square-foot office component.
It is anticipated to have 32-foot ceilings, 74 trailer parking spots and 280 car spaces, with a possible expansion to 396, the materials say.
Hillwood and Sterling Group are also working together on the redevelopment of the Pinnacle Race Course site in Wayne County's Huron Township and on the Shelby Township distribution center for Amazon.com Inc. on the site of a former Visteon Corp. auto parts plant.
Peter E. Kepic, principal in the Southfield office of brokerage firm Colliers International Inc., said Tuesday that the building should be complete by the summer. Colliers is responsible for securing a tenant or tenants. Contractors were not known.
A spokeswoman for Hillwood declined comment.
Emails sent to two addresses on the Stacy's website seeking comment were not returned.
The website says Joe Stacy leased the property in 1954 and built a 450-square-foot building on it, opening as the Town & Country Driving Range on Easter Sunday 1955. The name was changed to Stacy's Golf Center in 1979 after the opening of a 3,200-square-foot building for golf equipment sales.
"We have enjoyed 65 years of serving your golfing needs," Joe Stacy's daughters, Linda and Mary, wrote on the company's website. "We will forever be grateful for your patronage and support. We will truly miss the smiles, conversations and friendships. We feel blessed and are thankful that you have been a part of our lives. We look forward to seeing you on the golf course instead of from behind a counter!"
