New Delphi Flint site owner in talks with multiple possible tenants
As reported on mlive.com: Flint News By Dominic Adams
Buddy Julius, spokesman for Phoenix Investors, said his company has been in talks with multiple potential tenants. However, Julius declined to disclose what businesses his company was in discussions with or potential future uses for the site. He also declined to outline any potential time frame for finding a tenant for the facility.
“We love that location,” he said. “We think tenants are going to, too.”
The property, near Dort Highway and Robert T. Longway Boulevard, includes a 550,000-square-foot building was bought by an affiliate of Phoenix Investors a Wisconsin-based commercial real estate firm, according to a statement from the company on Monday, Oct. 2. Renovation work at the facility should begin “pretty quick,” Julius said. Phoenix Investors paid $3.15 million for the property, according to the company’s statement.
Delphi East closed in 2013 when the work for its 287 employees was sent to a plant in Mexico, according to MLive-The Flint Journal’s files.