Industrial Commercial Properties, a Cleveland-based commercial real estate development company, recently acquired 182 acres of land in Wixom, Michigan. The land was formerly the site of the Ford Wixom assembly plant.
The seller was Boston-based Trident Barrow.
“This is a major milestone for the continued redevelopment of this site,” said Christopher Semarjian, the owner of Industrial Commercial Properties. “This market has experienced considerable growth, and we are excited about the possibilities.”
Ford Motors shuttered the plant in May of 2007. Signifcant development has occurred on the southern end of the site, including retailers such as Menards, Aldi, General RV, At Home Goods Inc. and Duluth Trading Company.
