X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COLDWATER, MI-TI Group Automotive Systems, Inc. has sold a 78,000-sf building at 421 Race St. to Acore Door Company, Inc. in a deal brokered by Binswanger/CBB of Philadelphia. Sales price was not disclosed.

Acore Door Co. Inc., a division of Kolbe & Kolbe Millwork Co. Inc., hasbeen manufacturing steel doors for nearly 30 years. The door maker relocated operations to Coldwater from nearby Quincy, MI to expand into more space.

Headquartered in Warren, TI Automotive is a global supplier of fully integrated fuel storage and delivery systems as well as fluid carrying systems for braking and power train applications. The company disposed of the Coldwater property as a result of lower capacity requirements.

This transaction represents the fifth sale negotiated by Binswanger/CBB in Branch County. The most recent transaction involved the sale of Branch County’s largest manufacturing plant from Walter Heller to Speedrack Products.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.