April 12, 2016
Ford Motor Co. is reportedly planning to lease up to 220,000 square feet at Fairlane Town Center, 18900 Michigan Ave. in Dearborn, MI. Approximately 120,000 square feet will be taken from what was the former Lord & Taylor department store, while an additional 100,000 square feet will consist of the mall’s attached portion.
The site will house Ford’s engineers and development employees. Build-out is expected to begin soon, with employees anticipated to occupy the space by the end of this year.
Starwood Capital Partners owns the 1.4-million-square-foot mall. Southfield-based Signature Associates Inc. represented Starwood Capital in the transaction, and the Southfield office of CBRE Inc. represented Ford.