The land and 120,000-sf facility will be owned by Fraser Industrial Properties, a Michigan limited liability company, which will lease about 100,000 sf to Sur-Flow, a manufacturer of plastic injection molded parts for the automotive, transportation and appliance industries.
Approximately 20,000 sf will be leased to Sur-Form Corp., which makes plastic molded cargo shipping containers for the auto industry.
The deal will be financed with Industrial Development Revenue Bonds.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
