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Delphi Flint East, former AC Spark Plug building bought for $3.15 million

As reported by Crowdz: FLINT, MI – A shuttered automotive plant may see new life after a Wisconsin-based commercial real estate firm purchased the former Delphi Flint East industrial plant. The 550,000-square-foot building on the property near Dort Highway and Robert T. Longway Boulevard was bought by an affiliate of Phoenix Investors, according to a statement from the company on Monday, Oct. 2. Phoenix Investors paid $3.15 million for the property, the statement said. The release from the company did not specify what, if any, ... Read More

2024-08-06T20:25:53+00:00October 9th, 2017|Acquisitions & Projects, Blog, Kurt Jensen, Press|

Phoenix Investors Expands MI Portfolio With 550 KSF Buy

As reported on cpexecutive.com: By Evelyn Jozsa The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants. An affiliate of Phoenix Investors has acquired Delphi Flint East, a former assembly plant in Flint, Mich. The property, totaling more than 550,000 square feet, changed hands for $3.2 million. River Valley Bank provided the senior mortgage financing and Paul Hoge of Signature & Associates brokered the transaction. The building located at ... Read More

2024-08-06T20:27:20+00:00October 9th, 2017|Acquisitions & Projects, Blog, Kurt Jensen, Press|
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