Business park plans for growth
A business park in the region is focusing on developing roughly 100 acres of land.
The 340-acre, mixed-use Midlink Business Park in Kalamazoo, at 5200 E. Cork St., said last week that it plans to make major additions to its site in the next 12 months.
In preparation for the growth, the park has retained Portage-based Callander Commercial as its exclusive broker representative.
The park has also named Robert Britigan III to oversee the day-to-day operations of as its vice president of property management.
“We are geared up for an active year,” said David Smith, president, Midlink Business Park. “With vacancy rates at an all-time low, we’re excited about the next phase of Midlink’s growth. Our team is stronger than ever, which will only position us for ongoing success.”
Smith said the park will focus on filling the available 445,000 square feet of space across its two multi-tenant facilities.
It will also focus on developing its roughly 100 acres of surplus land, a 40-acre retail zone, with plans for construction this year, and a 61-acre industrial zone, with new buildings for sale or lease.
“There also is significant demand for space less than 25,000 square feet,” Smith said. “We want to be able to provide flexible options, including multi-tenant buildings divisible to 9,600 square feet.”
Britigan added that the park’s “flexibility and can-do attitude are key.”
To date, a number of companies have built at Midland Business Park, according to Audrey Hackerman, spokesperson for the park: Hark Orchids; General Mills, Candlewood Suites; Millennium Restaurant Group; Purity Cylinder/Airway Oxygen; and Seneca Medical.
The park also has a number of tenants leasing space at its two facilities, Hackerman said: Kenco Logistics; Tourney Consulting Group; Esco; Sigma Machines; Softball Fans; Erickson’s Flooring; SMO; On-Demad Mail Services; Kalamazoo Public Schools; W Soule; Kaiser Aluminum; and Mann + Hummel.
Midland Business Park has sold more $3.3 million of land for development and brought more than 1,500 jobs to the area and completed more than three million square feet of long- and short-term leases.