Search
 

Plastic Parts Manufacturer to Lease 100,000 SF at New Facility

DETROIT-$7.5 million in financing will be provided by Michigan Economic Development Corp. Fraser Industrial Properties will own the property.

By Robert Carr | Updated on September 12, 2000

DETROIT-Sur-Flo Plastics and Engineering plans to lease 100,000 sf at a new building in Fraser, MI. The deal is to be financed by a $7.5-million bond from the Michigan Economic Development Corp., which estimates the expansion will create 75 new jobs at project completion.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.