CORE BKG Investor Group Obtains Three-Buildings in Chesterfield
Bingham Farms, MI, May 16, 2018- An investment group which includes principals of CORE Partners and Burton-Katzman LLC has purchased three single-tenant, light industrial buildings located in the Macomb County submarket of Chesterfield Township. Closing occurred April 12th, 2018.
Mr. Andrew Boncore, Vice President of Business Development with CORE Partners, negotiated the sale on behalf of the purchaser while Mr. Frank Bromley of Eclipse Capital Group represented the seller, R.C. Schmidt & Sons.
The Portfolio is 100% occupied by each of RJ & Sons Logistics, LLC, BMI Injection Molding & Assembly, and PRISM Plastics. RJ & Sons specialize in cross-border freight management, BMI supports Tier 1 and 2 automotive suppliers as a contract manufacturer, and PRISM manufactures high-precision injection molded plastic components for automotive, industrial, and medical markets.
CORE BKG has acquired more than 2 million square feet of buildings and is actively pursuing acquisitions, especially well-located industrial properties, in primary markets in Metro Detroit, Lansing, Grand Rapids, and northern Ohio.