Bedrock getting into industrial development in Delray
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Bedrock, Detroit’s largest real estate developer, today announced a deal with LM Manufacturing, a joint venture between Magna, one of the world’s largest automotive suppliers, and LAN Manufacturing, a minority-owned automotive supplier based in Michigan, to provide 296,000 sq. ft. of manufacturing space in the Delray neighborhood – just four miles west of Detroit’s city center.
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Under the agreement, LM Manufacturing will lease space in 6451 W. Fort Street, 6401 W. Fort Street, and 150 Rademacher in the Bedrock owned, former Sakthi Industrial Campus to develop a plant for manufacturing automotive seating. The plant is expected to create a combination of more than 390 jobs.
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