ITT Industries, Incorporated
World Headquarters
2110 Executive Drive
Aurburn Hills, Michigan

Renegotiate the current lease or relocate ITT Industries, Incorporated into approximately 75,000 square feet of very specifically delineated office/shop/research-development space in the Troy/Auburn Hills submarket of Metropolitan Detroit.  ITT encountered difficulities with shared research facilities and human resources at its former location, as well as developing environmental issues that made the option to relocate an appealing alternative.  The challenge then became finding suitable space to satisfy the very specific parameters of the Office/R&D/Shop ratio.  Despite a 13% vacancy rate and numerous facilities available very few buildings met the search criteria.  The Chosen facility at Executive Hills Drive emerged as the most likely candidate.  This facility, however, was built for the needs of a company that did not end up occupying the space, which necessitated a great deal of reconfiguration and defining base building landlord costs vs. landlord tenant improvement allowance costs.