FANUC America

Development Land / ±24 Acres / Auburn Hills, MI

Premier Equities purchased Oakland Technology Park II – approximately 24 acres of developable land in June 2016. Comerica Bank was the seller of the site, which was originally meant as a complimentary development piece to their adjacent three-building operations center totaling 700,000 SF. In October 2019, Premier Equities and General Development completed a 12-month development of a 461,000 SF robotics manufacturing facility, which the partnership then sold to FANUC America. The site is adjacent to FANUC’s existing North American operations center and represented a strategic expansion opportunity.