IAV Automotive Engineering, Inc., a Berlin-based joint venture that provides engineering services to the automotive industry, sought a research and development (R&D) campus in North America to take advantage of the Noth America Free Trade Agreement (NAFTA). However, IAV was under limited time constraints to implement a real estate strategy.
IAV engaged Plante Moran Cresa (PMC) to find a location for its R&D campus within its tight time constraints. With the assistance of PMC, IAV located and secured a site in Northville, Michigan. Our team also helped secured an aggressive $6 million incentive package from the state of Michigan.
PMC provided program management/monitoring services to IAV throughout the planning, design, and construction process of the new $23 million, 45,000-square-foot facility, driving the schedule to allow IAV to meet its tight deadline.