Crain Communications Moves Its Corporate Headquarters.DETROIT -- Crain Communications Inc will relocate re·lo·catev. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. its company headquarters and Detroit based publications to 1155 Gratiot Avenue, Brewery A brewery can be a building or place that produces beer, or a business (brewing company) whose trade is the production and sale of beer. Breweries can take up multiple city blocks, or be a collection of equipment in a homebrewer's kitchen. Park Phase II in Detroit on December 3, 2001. Crain becomes the building's lead tenant, occupying approximately 100,000 square feet of space-most of the 4th and all of the 5th floors. The five-story, first-class building has 224,000 square feet of office space. The company plans to take additional space for its circulation department over the next few years as it becomes available. "We are excited and pleased about this move. Our close proximity to one of the City's most vibrant development areas is good for our employees and our business," said company Chairman Keith Crain. Bounded by I-75, I-375 and Gratiot Avenue, the office is located near the new Ford Field development, Harmonie Park, DAC and Opera House and is directly adjacent to the historic Eastern Market district. Crain Communications Inc has a major ownership in the building. The move allows for implementation of a long-term real estate plan for the Crain Communications world headquarters and is an opportunity to consolidate its Detroit-based employees into one facility. "Our growth in recent years has filled our current building locations on Woodbridge and Jefferson Avenues," said Crain. "It has been our long-term goal to combine all of our employees in one location and this move allows us to address these space needs." The company has moved approximately 250 of its Detroit-based employees to Brewery Park including its publication and administrative staffs. It plans to move its circulation and customer service department employees to the new building over the next 24-36 months. Until additional space is available at the new site, employees not moving to Brewery Park will be based in the company's currently owned Woodbridge Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent . building, which it plans to sell once all employees have been moved. Its Jefferson Ave. building has been sold. Headquartered in Detroit, Mich., Crain Communications Inc publishes over 30 consumer, business and trade publications, including Detroit-based Automotive News, AutoWeek, and Crain's Detroit Business as well as Advertising Age, Modern Healthcare, Plastics News, business weeklies in Chicago, Cleveland and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and numerous related business Web sites. It has more than 1,000 employees located in 15 offices worldwide. The company's Web site is http://www.crain.com/ . MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X38525828 Contact: Bridget M. Kavanaugh, Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. Manager of Crain Communications Inc, +1-313-446-0331, Email: bkavanaugh@crain.com Website: http://www.crain.com/ |
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