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Ford, University Agree to $33M Deal

DEARBORN, MI-The University of Michigan-Dearborn has purchased 30 acres containing 318,000 sf of space from Ford Motor Co. for $33 million. The university plans to expand its campus on the site.

By Dan Heaton | Updated on September 05, 2003

DEARBORN, MI-The University of Michigan-Dearborn has purchased Ford Motor Company’s Fairlane Training and Development Center on Hubbard Drive here for $33 million.

The university will use the property to expand its campus, moving its School of Management and School of Education to the new space. UM-Dearborn and Ford closed on the deal Sept. 5. The Ford facility is two connected buildings with approximately 318,000 gross sf on approximately 30 acres with 1,000 parking spaces.

“This historic acquisition has the potential to transform our campus in many ways,” says chancellor Daniel Little. “The buildings were designed to provide high-quality educational spaces in a variety of formats, and will dramatically enhance the learning environments available to our students. The classrooms and other learning spaces are well suited to advanced interactive teaching methods and the facility will provide an attractive destination for students in our growing graduate and professional programs in management and education.”

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