27,280-SQUARE-FOOT INDUSTRIAL LEASE CLOSED

TROY, MICH. — Ronal Industries has leased 27,280 square feet of industrial space, which is located at 1400 Allen in Troy, for an undisclosed price. The company, which is a defense contractor, plans to use the property to develop military vehicles. Matthew Osiecki and Lauren Scarpace of CB Richard Ellis represented the landlord, First Industrial, in the transaction.