RACER Trust Promoting Investment Opportunities at Site Selectors Guild National Conference

RACER Trust today announced that Transaction Manager Steven Black is participating in the 2019 annual conference of the Site Selectors Guild, an association of the world’s foremost professional site selection consultants.

This year’s Site Selectors Guild Annual Conference takes place through Wednesday in Salt Lake City. The event draws the leading site selection professionals in America, whose jobs are to identify locations for new business investment. 

RACER Trust is an annual participant in the national conference as well as regional Site Selectors Guild events, with the goal of exposing RACER Trust properties and communities to a broad range of prospective buyers and reuses.

“RACER Trust is diligent in our work to market our properties and host communities for the purpose of securing buyers whose investments will create new jobs, new tax base and other local benefits,” said Elliott P. Laws, of EPLET, LLC, administrative trustee of RACER Trust. “Events such as the Site Selectors Guild Annual Conference keep RACER Trust and RACER communities top-of-mind for some of the most influential professionals in commercial real estate, relationships that ultimately are beneficial to our communities. We are proud of the results our Redevelopment team has produced, but we will not be satisfied until the job is done and the properties we are marketing have been returned to productive reuse.”

Site Selectors Guild members assist with location strategy for corporations around the globe and for every industry, sector and function. The Site Selectors Guild Annual Conference is among several commercial real estate marketing, industry and peer networking events RACER Trust’s Redevelopment team participates in as it positions RACER properties for maximum market exposure.

About RACER Trust: RACER (Revitalizing Auto Communities Environmental Response) Trust was created to clean up and position for redevelopment properties and other facilities owned by the former General Motors Corp. before its 2009 bankruptcy. RACER is one of the largest holders of industrial property in the United States, and when it was formed was the largest environmental response and remediation trust in U.S. history. When the Trust was formed, it owned properties at 89 locations in 14 states, principally in the Midwest and Northeast. The Trust was created by a settlement agreement in the U.S. Bankruptcy Court between the U.S. Government, the 14 states where the former GM properties are located, and the St. Regis Mohawk Tribe, which owns land adjoining one of the properties in Upstate New York. For more information, please visit our website: www.racertrust.org.