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
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Jul 30, 2018
New Headquarters for George W. Auch Co.
RACER Trust was thrilled to celebrate along with George W. Auch Co. (“AUCH”) employees and other guests as the company cut the ribbon on its beautiful new headquarters in downtown Pontiac, Mich.The building was meticulously designed to maximize energy efficiency and minimize… -
Jun 19, 2018
RACER Trust Property Marketing and Sales Team to Participate in 2018 SelectUSA Investment Summit
RACER Trust today announced that three members of its property marketing and sales team — Redevelopment Manager Bruce Rasher, Deputy Redevelopment Manager Patricia Spitzley, and Transaction Manager Steven Black — will participate in this week’s annual SelectUSA… -
Jun 16, 2018
RACER Trust Attending ICSC RECon, the World’s Largest Event for Retail Real Estate Professionals
RACER Trust today announced that its transaction manager, Steven Black, will participate in the 2018 International Council of Shopping Centers Conference (ICSC RECon) in Las Vegas, the largest gathering of retail real estate professionals in the world. -
Jun 05, 2018
RACER Trust Participating in 3rd Annual New York State Redevelopment Summit
RACER Trust today announced it will be participating in the 3rd Annual New York State Redevelopment Summit June 13 and 14 in Albany, an event that brings together leading figures from the public and private sectors to learn about trends, funding and best practices in property… -
May 24, 2018
RACER Trust Evaluating Offers for Massena Property; Marketing Efforts Continue
RACER Trust today announced that the marketing of its 217-acre Massena property will continue as it evaluates offers for portions of the property received in response to a recent call for offers from prospective buyers. RACER is marketing the former General Motors Corp.… -
May 18, 2018
RACER Trust Pleased with Response to Call for Offers?to Purchase and Develop Buick City Property; Evaluation Ongoing
RACER Trust announced today that it is pleased with the response to its call for offers to purchase and develop RACER’s Buick City property in Flint, Mich., and is in the process of seeking additional information for its evaluation of the offers. The process… -
May 09, 2018
RACER Trust Completes 50th Sale of Former GM Properties in Bedford and Lawrence County, Ind.
RACER Trust today announced it has sold three properties totaling 76.6 acres in Marshall Township, Lawrence County, Indiana, increasing to 50 the number of former General Motors Corp. properties sold in the Bedford area. Thirteen Bedford-area properties remain available for purchase,… -
Apr 26, 2018
RACER Trust to Participate in Great Lakes Economic Forum
RACER Trust today announced that its Deputy Redevelopment Manager, Patricia Spitzley, will participate in the Council of the Great Lakes Region’s fourth Great Lakes Economic Forum, to take place May 3-5 in Montréal, Québec. The Great Lakes Economic… -
Apr 17, 2018
RACER Trust Completes Active Remedial Work at Property in Wyoming, Mich.
RACER Trust today announced it has received approval of a No Further Action Report from the Michigan Department of Environmental Quality for property in Wyoming, Mich., certifying completion of active environmental cleanup activities at the property, the site of a former General Motors Corp. (“old… -
Apr 09, 2018
Ambrose Property Group Completes Sale and Transfer of Former GM Stamping Plant Site from RACER Trust
Ambrose Property Group announced April 9 it has completed its purchase of the former Indianapolis GM stamping plant site from RACER Trust. Ambrose plans to create a thriving new downtown district that will include office, commercial and retail space, residential housing, a hotel, community…