Plante Moran Cresa helps Hyundai Mobis Company procure municipal incentives for a new Detroit facility

The challenge

South Korea’s largest auto parts maker, Hyundai Mobis Company (MOBIS), was awarded a contract to produce chassis modules for the Jeep Grand Cherokee.

MOBIS engaged Plante Moran Cresa (PMC) to act as its independent tenant representative in conducting site location analysis, identifying and procuring real estate, and investigating any possible incentives to support the project.

The solution

PMC identified numerous locations in multiple states for sale and lease, including the site MOBIS ultimately selected, a 167,000-square-foot facility in Detroit, Michigan.

The benefit

PMC helped MOBIS navigate all procedural, relational, legal, and strategic components necessary to acquire the building. Additionally, PMC helped MOBIS procure both MEGA job creation tax credits and approval for an extension of Renaissance Zone status formerly applied to the building, with a collective total worth of over $6 million.

Aerial photo of the KONG distribution facility in Long Beach, CA

The KONG Company, LLC

Akron, OH

With business booming, The KONG Company faced a common real estate decision: should it lease, buy, or build a larger distribution facility?

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Novi Community School District high school athletic building and track, as seen from outside

Novi Community School District

Novi, MI

To keep its mission of “a commitment to excellence,” Novi Community School District used funds from two voter-approved bonds over eight years to make improvements across district facilities and build a new Early Childhood Education Center.

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Royal Oak City Hall

City of Royal Oak

Royal Oak, MI

The City of Royal Oak engaged Plante Moran Cresa and Plante Moran REIA as a knowledgeable development advisor to help move forward a $100 million public-private partnership (P3) redevelopment of the City Center Complex.

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Warren Mott High School Exterior

Warren Consolidated Schools

Warren, MI

Since 2000, Warren Consolidated Schools, the tenth largest school district in Michigan, has engaged Plante Moran Cresa for bond planning and owner’s representative services for four bond programs totaling more than $500 million of site work, renovations, and additions.

Case Study / 2 min read

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Lobby at the Plante Moran Southfield Office

Plante Moran

Southfield, MI | Chicago, IL

To accommodate growth and workplace connectivity, Plante Moran engaged its affiliate real estate consulting and owner’s representation firm, Plante Moran Cresa, to assist in optimizing its office space in Chicago and Southfield.

Case Study / 1 min read

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Aerial photo of Little Caesars Arena, the new home of the Detroit Red Wings and the Detroit Pistons, and Detroit, Michigan, skyline

Olympia Development of Michigan

Detroit, MI

The District Detroit is a vibrant mixed-use development in the heart of Detroit, Mich. Anchored by the Little Caesars Arena, the 50-blocks encompass new construction dedicated to office, retail, residential, hospitality, and entertainment.

Case Study / 2 min read

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