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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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… -
Nov 10, 2016
RACER Trust Completes Sale of Former GM Willow Run Property for Redevelopment as American Center for Mobility
New Use to Bridge Divide from Traditional Automotive Manufacturing to Transportation of the Future YPSILANTI TOWNSHIP, MI — RACER Trust has completed the sale of the former General Motors Willow Run Powertrain Plant property in Ypsilanti Township, Mich., to a partnership that will… -
Jul 27, 2016
RACER Trust Sells Property in Anderson, IN, to Tower Anderson, LLC
Property Will be Used to Expand Capacity of Raceway Industrial Park RACER Trust today announced the sale of 14.59 acres in Anderson, IN, to Tower Anderson, LLC, an affiliate of Tower Investments, owner of the adjacent Raceway Industrial Park. The property, a terraced parking area, will… -
Jul 22, 2016
NorthPoint Development Bringing More Jobs to KCK
NorthPoint Development, which bought 80 acres of former General Motors property from RACER Trust in 2013, has begun construction of an 842,000-square-foot industrial building on the property, which when complete is expected to employ about 500. The building is the second in Central Industrial… -
Jul 18, 2016
Agreement Reached on Willow Run Purchase
Major Milestone in Path to American Center for Mobility LANSING, Mich. – The Michigan Economic Development Corporation and Revitalizing Auto Communities Environmental Response (RACER) Trust today announced a purchase agreement for the acquisition of land at Willow… -
Jun 21, 2016
RACER Trust to Seek New Proposals for Purchase, Redevelopment of Prime Property Near Downtown Indianapolis
RACER Trust to Seek New Proposals for Purchase, Redevelopment of Prime Property Near Downtown Indianapolis INDIANAPOLIS — RACER Trust today announced it will, in collaboration with the City of Indianapolis, seek new proposals for the purchase and redevelopment of the former Indianapolis… -
May 17, 2016
RACER Trust, George W. Auch Company Reach Agreement On Sale of University Drive Property in Pontiac, Mich.
PONTIAC, Mich. — RACER Trust today announced it has reached an agreement with George W. Auch Company (“AUCH”) for the sale of 3.66 acres off University Drive in downtown Pontiac, property that is expected to become the new corporate headquarters for one of the…