May 04, 2017

RACER Trust, idX Corporation Complete Sale of Former GM Manufacturing Plant in Spotsylvania County, Va.

Company expected to invest $7.2 million, create 150 jobs in next three years FREDERICKSBURG, Va. — RACER Trust and idX Corporation today announced they have completed the sale and transfer of the former General Motors Fredericksburg Powertrain Plant property in Spotsylvania…

May 02, 2017

RACER Trust Selects Ambrose Property Group for Transformative Development at Former Indianapolis Stamping Plant Property

Mixed-Use Project to Include Commercial, Retail, Hotel, Multi-Family Residential INDIANAPOLIS — RACER Trust today announced it has come to terms with Ambrose Property Group for the sale and development of the former General Motors Indianapolis Stamping…

Feb 22, 2017

RACER Trust, George W. Auch Company Complete Transfer of University Drive Property in Pontiac, Mich.

PONTIAC, Mich. — RACER Trust today announced it has completed the sale and transfer of 3.66 acres off University Drive in downtown Pontiac to George W. Auch Company (“AUCH”), a 109-year-old general contractor/construction management firm that will build…

Feb 09, 2017

RACER Trust, Rivore Metals, LLC, Reach Agreement on Sale of Industrial Property in Pontiac, Mich.

RACER Trust, Rivore Metals, LLC, Reach Agreement on Sale of Industrial Property in Pontiac, Mich.

Jan 20, 2017

RACER Trust, Michigan DNR Reach Agreement on Transfer of Riverfront Property in Saginaw

RACER Trust and the Michigan Department of Natural Resources (MDNR) have executed an exclusive option agreement for the transfer of just over 334 acres of former industrial property along the west bank of the Saginaw River, to be used for nature-based, passive recreation activities and an open space…

Dec 20, 2016

RACER Trust, Commonwealth Development Corporation of America Reach Agreement on Sale of Land in Muncie, Ind.

Commonwealth to Build 35-Unit Affordable Housing Development MUNCIE, Ind. — RACER Trust today announced it has come to terms with Commonwealth Development Corporation of America for the purchase of approximately 5.7 acres that Commonwealth plans to develop into 35 units of…

Dec 19, 2016

RACER Trust Sells Interest in Pontiac Centerpoint Business Campus

Centerpoint Associates, LLC, Will Continue Operations of Business Park PONTIAC, Mich. — RACER Trust announced today that it has sold its interest in the Pontiac Centerpoint Business Campus to Centerpoint Associates, LLC, a wholly owned affiliate of Etkin, a…

Dec 01, 2016

RACER Trust Sells Property in Muncie, Ind., to M&M Bus Co., Inc.

MUNCIE, Ind. — RACER Trust has sold approximately 1.2 acres of a 66.5-acre industrial property in Muncie to M&M Bus Co., Inc., a local school bus contractor that has leased the paved lot for bus parking since 1988. The lot is located at the intersection of South Elliott…

Nov 22, 2016

RACER Trust, NorthPoint Development Reach Agreement for Sale of Lansing-Area Industrial Land

Mix of Manufacturing, Warehouse and Distribution Operations Planned for Lansing and Delta townships, City of Lansing LANSING, Mich. — RACER Trust today announced it has entered into agreements with NorthPoint Development for the sale and development of nearly 260…