ROCHESTER HILLS, MI June 14, 2018 – Mohr Partners, Inc., the world’s largest wholly owned commercial real estate advisory firm exclusively focused on representing tenants, announced their work on the relocation and design of WABCO’s Americas Headquarters to Auburn Hills, MI, in a new facility expected to open in the third quarter 2018. Mohr Partners’ Managing Principal/Shareholder, Eric Beichler, and Managing Director, Trent Smith, worked with WABCO Americas President Jon Morrison in the transaction.
“We are pleased to be part of such a meaningful project for WABCO,” Beichler said. “The new Americas HQ will be a showcase for their product development and a key attribute for their employee workplace.” We have enjoyed our working relationship with WABCO and their executive leadership team providing solutions across their real estate portfolio.”
Over the course of the relocation, Mohr Partners provided multiple services, including site selection, lease negotiations, local and state incentive negotiations, and support initiating the project management process, including selection of the design team. Mohr Partners’ Misti Meggs, Managing Director of Site Selection and Economics Incentives Practice, represented WABCO on the incentive services.
“We greatly appreciate Mohr Partners’ first-rate support as we transition to a new Americas headquarters later on this year,” Morrison said. “Mohr Partners helped us to efficiently and effectively navigate this complex project.”
WABCO is a leading global supplier of technologies and services that improve the safety, efficiency, and connectivity of commercial vehicles. WABCO’s technologies include advanced driver assistance, braking, steering and stability control systems, with continued development of autonomous driving and green transportation solutions.
The new facility will house approximately 200 employees and consolidate WABCO employees in the Rochester Hills and Troy, MI offices. The building will include two floors of offices as well as a Customer Experience Center, a vehicle test lab, a training center and more.
“WABCO’s investment in a new Americas headquarters reflects our leadership in technologies that advance the safety, efficiency and connectivity of commercial vehicles in this region,” Morrison said. “We are driving dynamic growth and expansion in North America, and this new headquarters will enable our team to anticipate and respond to customer needs even better. In addition, the new office will now co-locate our talented teams, fostering seamless collaboration as we advance innovations to enable autonomous driving in the commercial vehicle industry.”
“We are thrilled to welcome WABCO to Auburn Hills,” said Kevin McDaniel, Mayor of Auburn Hills. “It will be a point of pride for this community to be home to a company that is known worldwide for its innovation and technology leadership. WABCO’s presence here will strengthen and enhance our community for years to come.”
View the Press Release here.
About Mohr Partners, Inc.:
Mohr Partners, Inc. is a global corporate real estate services firm providing tenants and occupiers integrated solutions including strategic consulting & advisory, portfolio strategy/lease administration, research and site selection, location incentives consulting, transaction advisory, project management and business intelligence/data analytics services. Since 1986, Mohr Partners has been managing real estate portfolios for organizations around the world. Mohr Partners’ 200 professionals working from the firm’s 22 North American owned offices, deliver integrated services worldwide through strategic alliances with best-in-class partners in Mexico/Latin America, EMEA and Asia. As the leading diverse commercial real estate firm, Mohr Partners became a certified Minority Business Enterprise (“MBE”), by the National Minority Supplier Development Council (“NMSDC”) in 2017. For more information on Mohr Partners, please visit mohrpartners.com or please contact:
John Wickes
Managing Director, Marketing & Communications
214 273 8647
[email protected]
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