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.
Didn't find something you need? Please contact us.
Media Inquiries: Bill Callen
Behan Communications, Inc.
518-792-3856
bill.callen@behancom.com
Latest Racer News
-
Feb 01, 2018
RACER Trust, Commonwealth Development Corporation of America Complete Transaction in Muncie, Ind.
Commonwealth to Build 35-Unit Affordable Housing Development MUNCIE, Ind. — RACER Trust today announced it has completed the sale of approximately 5.7 acres in Muncie to Commonwealth Development Corporation of America, which plans to develop 35 units of affordable… -
Feb 14, 2018
Beneficial Reuse of RACER Trust Properties Featured in Oakland Co. Brownfield Redevelopment Authority Progress Report
Sales and subsequent reuse of four former RACER Trust properties in Pontiac, Mich., are among eight projects featured in the Oakland County Brownfield Redevelopment Authority’s 2015-2017 Progress Report, a publication devoted to highlighting successful reuse of former… -
Feb 22, 2018
RACER Trust Wins National Award for Sale that Enabled Construction of the American Center for Mobility
Sale Recognized as Information Technology Deal of the Year by The M&A Advisor RACER Trust today announced that its sale of the former Willow Run Powertrain Plant property in Ypsilanti Township, Mich., for redevelopment as the American Center for Mobility has been selected… -
Feb 27, 2018
Statement From RACER Trust Regarding Buick City Property in Flint, Mich.
Action today by the Michigan Strategic Fund may create for some the impression that the former Buick City property in Flint, Mich., will be redeveloped as Buick City Industrial Park. While that may be one possible outcome, it is important to note that RACER Trust’s Buick City property is… -
Mar 06, 2018
RACER Trust Soliciting Offers for Purchase and Development of Industrial Property in Massena, N.Y.
MASSENA, N.Y. — In response to recent market interest, RACER Trust today invited experienced data center development and operating firms to make an offer to purchase and develop for this new use industrial land once used by General Motors for automotive manufacturing.… -
Mar 08, 2018
RACER Trust Begins Soil Cleanup Activities at Ewing Township Property, Setting Stage for Development
RACER Trust today announced it has begun soil remediation necessary to enable sale of the former General Motors Delphi Trenton property in Ewing Township, N.J., to Atlantic Realty Development Corp. for development of a new town center. -
Mar 13, 2018
With Interest Increasing, RACER Trust Issues Call for Offers to Sell Its Buick City Property in Flint, Mich.
In response to the strong, steadily increasing interest from multiple parties seeking to invest in the vibrant Flint and Genesee County market, RACER Trust today issued a call for offers to sell its 364-acre Buick City property in Flint, Mich. The invitation was delivered to the firms with… -
Mar 20, 2018
RACER Trust Promoting Investment Opportunities at Site Selectors Guild Fall Forum
RACER Trust today announced that two members of its Redevelopment team — Deputy Redevelopment Manager Patricia Spitzley and Transaction Manager Steven Black — are participating this week in the 2018 Site Selectors Guild Fall Forum in Greenville, S.C., where they are… -
Mar 29, 2018
RACER Trust Conducting Additional Environmental Investigation in Kokomo, Ind.
RACER Trust announced today that it is conducting additional environmental investigation at its property in Kokomo, Ind., with the goal of designing a remedy that will address subsurface soil and groundwater impacts at the property. The investigation, conducted with the oversight and… -
Apr 03, 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… -
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… -
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 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… -
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,… -
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 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.… -
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… -
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 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… -
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… -
Aug 20, 2018
RACER Trust Updates Lansing-Area Community on Environmental Work
RACER Trust welcomed neighbors of its properties in Lansing and Lansing Township to a community update meeting on Thursday, August 9. The purpose of the meeting was to provide information and discuss environmental activities with residents living near RACER Trust’s properties -
Aug 30, 2018
RACER Trust Completes Sale of Property in Ewing Township, N.J., to Parkway Town Center Urban Renewal, LLC
Mixed-Use Project Expected to Include 1,182 Residential Units, Retail, Office Space RACER Trust today announced it has completed the sale of a former industrial property in Ewing Township, N.J., to Parkway Town Center Urban Renewal, LLC (“PTCUR”), which plans to transform the property into a… -
Sep 11, 2018
RACER Trust Promoting Investment Opportunities at Site Selectors Guild Fall Forum
RACER Trust today announced that two members of its Redevelopment team — Deputy Redevelopment Manager Patricia Spitzley and Transaction Manager Steven Black — are participating this week in the 2018 Site Selectors Guild Fall Forum in Greenville, S.C., where they are promoting investments in RACER… -
Sep 25, 2018
RACER Trust Redevelopment Manager to Participate in Inaugural National Brownfields Leadership Summit
RACER Trust today announced that Redevelopment Manager Bruce Rasher will participate in this week’s National Brownfields Leadership Summit in Washington, D.C. The two-day event, September 25 and 26, is presented by the Center for Creative Land Recycling (CCLR) and… -
Oct 09, 2018
RACER Trust Receives Final Approval of Corrective Action Plan, Signaling End of Active Cleanup for Property in Kansas City, Kan.
RACER Trust today announced that it has received final approval of the Corrective Action Plan (CAP) from the Kansas Department of Health and Environment (KDHE) for the former RACER property in the Fairfax district of Kansas City. This approval represents the start of the final phase of… -
Oct 23, 2018
RACER Trust Michigan Cleanup Manager Appointed to Governor’s First Environmental Rules Review Committee
RACER Trust today announced that Grant Trigger, its Michigan Cleanup Manager, has been appointed by Gov. Rick Snyder to the State of Michigan Environmental Rules Review Committee (ERRC), an independent body within the state Office of Performance and Transformation to oversee all rule-making of the… -
Nov 01, 2018
RACER Trust Team to Lead Discussion on Best Practices in Positioning and Marketing of Surplus Properties for Sale and Redevelopment at Industry Event in Syracuse
RACER Trust today announced that Redevelopment Manager Bruce Rasher and Transaction Manager Steven Black will lead a discussion focused on the positioning and marketing of surplus properties for sale and redevelopment at the Center for Creative Land Recycling’s 2018 fall…