For the media
RACER Trust presented AUCH Construction with the second RACER’s Edge Award for redevelopment excellence at the 2019 National Brownfields Training Conference. (L-R) Bruce Rasher, RACER Redevelopment Manager; Patricia Spitzley, RACER Deputy Redevelopment Manager and Director of Government Relations; RACER Trustee Elliott P. Laws; AUCH Construction President and CEO Vince DeLeonardis; Pontiac (MI) Mayor Dr. Deirdre Waterman; AUCH Construction project manager Jacob Munchiando; and RACER Transaction Manager Steven Black.
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Latest Racer News
May 25, 2021
Economic Analysis Reveals Significant Impact of RACER TrustRACER Trust’s environmental cleanup and the redevelopment by buyers and end users of RACER’s former General Motors Corp. (GM) properties have had a significant, positive impact on the regional economies that were hurt by the GM bankruptcy, according to a peer-reviewed analysis by a leading economic…
Jan 26, 2021
RACER Trust, City of Muncie Agree to Terms on Purchase of Former GM PropertyRACER Trust and the City of Muncie today announced they have reached an agreement for the city to purchase the 53-acre main parcel of RACER’s former General Motors property in the city. The city intends to build a solar field on the property with up to 24.6 million kWh of generating capacity.…
Oct 13, 2020
Former RACER Property Converted to Riverside Community Park in Saginaw, MIRACER Trust was pleased to join Saginaw County Parks and Recreation, the Michigan Department of Natural Resources, The Nature Conservancy and other project partners for a celebratory groundbreaking for the new Saginaw River Headwaters Rec Area in Saginaw, MI.
Aug 19, 2020
RACER Trust, RAV Properties Complete Sale of Salina Industrial Powerpark; Multi-Tenant Use to ContinueRACER Trust today announced it has completed the sale of the Salina Industrial Powerpark in Salina, N.Y., to RAV Properties, which intends to continue its use as a multi-tenant industrial park.
Aug 04, 2020
U.S. EPA Highlights RACER Trust Redevelopment SuccessesThe U.S Environmental Protection Agency (EPA) has highlighted the redevelopment of three former RACER Trust properties as part of the series “EPA Redevelopment Success Stories.”
Jun 16, 2020
Former RACER Trust Property in Missouri to Remain in Active Use After SaleRACER Trust today announced it has sold a 38-acre former General Motors property in Kansas City, Mo., to Leeds Industrial Park, Inc., which intends to continue its use as a vehicle parking and storage business.
Apr 13, 2020
RACER Trust, AHJS Investments LLC Complete Sale, Transfer of Commercial Property in Tonawanda, N.Y.RACER Trust today announced it has completed the sale of a 15-acre property in Tonawanda, N.Y., to AJHS Investments LLC, which intends to use it for truck parking and storage.
Mar 02, 2020
RACER Trust, RAV Properties Agree to Terms on Sale of Multi-Tenant Salina Industrial Powerpark in Central New YorkRACER Trust today announced it has a contract to sell the Salina Industrial Powerpark Property in Salina, N.Y., to RAV Properties, an experienced operator of multi-tenant industrial properties based in nearby Jamesville. RACER Trust took title to the property in 2011 and has continued to…
Jan 21, 2020
RACER Trust Transaction Manager Among Commercial Real Estate Professionals at 17th Annual Event Focused on Opportunity and InvestmentRACER Trust today announced that its Transaction Manager, Steven Black, will participate in the 17th Annual Information Management Network (IMN) Winter Forum on Real Estate Opportunity & Private Fund Investing, taking place January 22-24. Participants in the three-day event, which is…
Dec 12, 2019
RACER Trust Names AUCH Construction of Pontiac, MI, Winner of Second RACER’s Edge Award for Redevelopment ExcellenceLOS ANGELES — RACER Trust today announced it has honored AUCH Construction of Pontiac, MI, with its second RACER’s Edge Award, in recognition of AUCH’s successful redevelopment of a former RACER property in downtown Pontiac, MI. Elliott P. Laws, of EPLET,…