Plastic Parts Manufacturer to Lease 100,000 SF at New Facility

DETROIT-$7.5 million in financing will be provided by Michigan Economic Development Corp. Fraser Industrial Properties will own the property.

By Robert Carr | September 12, 2000 at 01:01 AM

The land and 120,000-sf facility will be owned by Fraser Industrial Properties, a Michigan limited liability company, which will lease about 100,000 sf to Sur-Flow, a manufacturer of plastic injection molded parts for the automotive, transportation and appliance industries.

Approximately 20,000 sf will be leased to Sur-Form Corp., which makes plastic molded cargo shipping containers for the auto industry.

The deal will be financed with Industrial Development Revenue Bonds.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 Tariffs Trigger Sharpest Drop in CRE Confidence Since Pandemic

2 Offices are Landing in Special Servicing Despite Strong Occupancy and Rent

3 Banks, Auto Parts Stores Lead Retail Cap Rate Declines

4 Office Distress Finally Starts Knocking on Investors’ Doors

5 Southeast Apartment Market Faces Looming Slowdown as Permits Plunge

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information

Metro Detroit's Retail Market Continues to Slump with Absorption

By Anthony Russo | January 08, 2025

Also, vacancy and asking rents are below the national average.

Metro Detroit's Retail Market Continues to Slump with Absorption

This is the Most Overvalued Housing Market in the US

By Kristen Smithberg | July 03, 2024

After more than a year, Atlanta was edged out by this Midwest city.

This is the Most Overvalued Housing Market in the US

Michigan's Largest Mall Gets $1B Mixed-Use Redo

By Jack Rogers | May 08, 2024

Lakeside Mall in Sterling Heights, which opened in 1976, to be replaced with new town center.

Michigan's Largest Mall Gets $1B Mixed-Use Redo

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio link

Guide

Sponsored by Assurant

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio

Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.

Browse More Resources ›

The Return to Office: Recovery Still Underway link

Guide

Sponsored by Placer.ai

The Return to Office: Recovery Still Underway

Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!

Browse More Resources ›

The State of Commercial Property Management Technology in 2025 link

Report

Sponsored by Building Engines

The State of Commercial Property Management Technology in 2025

Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.

Browse More Resources ›