Binswanger/CBB Negotiates Sale of TI Automotive Property in Coldwater, Michigan.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Nov. 6, 2002 Representing the buyer, Binswanger/CBB recently negotiated the sale of a 78,000 sq. ft. building with acreage from TI Group Automotive Systems See ITS, embedded system, drive-by-wire, adaptive cruise control, collision avoidance system, autonomous vehicle, heads-up display, DSRC, lane departure system, CAN bus, FlexRay and SYNC. , Inc. to Acore Door Company, Inc. The property is located at 421 Race Street in Coldwater, Michigan Coldwater is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 12,697. It is the county seat of Branch County6. The city is located at the center of Coldwater Township, though it is politically independent. . Sale price was not disclosed. Regionally headquartered in Warren, MI, TI Automotive is a leading global supplier of fully integrated fuel storage and delivery systems as well as fluid carrying systems for braking and powertrain applications. The company disposed of the Coldwater property as part of a rationalization of their capacity requirements. A division of Kolbe & Kolbe Millwork Co., Inc., Acore Door Company, Inc. has been manufacturing top-quality steel doors for nearly 30 years. Wanting to retain their skilled workforce but needing a larger more functional facility, the company has relocated their operations to Coldwater from nearby Quincy, Michigan Quincy is a village in Branch County in the U.S. state of Michigan. The population was 1,701 at the 2000 census. The village is located within Quincy Township on U.S. Highway 12. Note: there is also another Quincy Township in Houghton County. . This transaction represents the fifth sale negotiated by Binswanger/CBB in Branch County. Prior to this Coldwater property, the most recent transaction involved the sale of Branch County's largest manufacturing plant from Walter Heller Walter Wolfgang Heller (1915-1987) was a leading American economist of the 1960s, and an influential advisor to John F. Kennedy as chairman of the Council of Economic Advisors, 1961-64. He was a Keynesian who promoted cuts in the marginal federal income tax rates. to Speedrack Products. Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, an international, full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and Australia. |
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