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Avis Family to transfer 156 acres into life science, office campus
Real Estate - OCTOBER 22, 2019

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Avis Family to transfer 156 acres into life science, office campus

by Andrea Zander

Redico and a member of the Avis family are teaming to develop 156 acres of land in Pittsfield Township near Ann Arbor, reported Crain’s.

A joint venture between the Southfield-based developer and landlord and Asset Property Management Inc., run by Wayne Avis, owns the property and would develop and own the life sciences, tech, research & development, light industrial and office buildings envisioned for the site.

“The Avis family owned land and they were looking for us to contribute development expertise,” said Dale Watchowski, president and CEO of Redico. “We were also, at the same time, looking to continue to develop in the corridor that extends between Detroit and Ann Arbor, really looking at continuing the initiative that we started at (5 Mile and Beck roads in Northville), with our more recent development, Hoover and Greene (in Ann Arbor), the idea that we wanted to continue growing in that market largely to take advantage of opportunities that

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