July 26, 2022

CDC Announces Acquisition of Retired Solutia Chemical Plant, Plans Liquidation, Demolition, and Redevelopment

Trenton, MI – Commercial Development Company, Inc. (CDC) is pleased to announce the acquisition of a 149-acre retired chemical manufacturing plant in Trenton, Michigan. The property was acquired from Solutia Inc by CDC affiliate Trenton MI LLC d/b/a Trenmi LLC. The transaction included the acquisition of real estate, as well as machinery & equipment.

The retired plant operated for 79 years and was used to manufacture polyvinyl butyral (PVB) resins and other specialty chemical products.

CDC will now oversee demolition of buildings and liquidation of equipment, with an eye to redevelop shortly thereafter.

“Our acquisition of this retired chemical plant is the first step to restoring the property to productive use – our team is well equipped to redevelop this property for its next stage of life, likely to be industrial operations,” said Adam Kovacs, Vice President at CDC.

CDC believes the location and other development attributes of the retired plant will attract industrial users once the property is demolished and repositioned. The property is located 20 minutes from DTW International Airport, along the Detroit River, and at the mouth of Lake Erie. Additionally, the former plant has two onsite rail spurs connecting operations to major North American freight railroad networks.

Liquidation of Machinery & Equipment: CDC affiliate Industrial Asset Recovery Group (IARG) will be managing the liquidation of machinery & equipment from the retired facility. Interested parties can contact at 314-835-1515 or info@industrial-recovery.com.

About the Retired Solutia Plant: Built in 1942, Solutia manufacturing plant operated for 79 years and produced a variety of specialty chemical products, such as phosphates and PVB resins and films. The plant is located on 149-acres on the Detroit River and Mouth of Lake Erie, approximately 20 miles southwest of Detroit. The property address is 5045 W Jefferson Ave, Trenton, MI 48183.

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About Commercial Development Company, Inc.

Commercial Development Company, Inc. (CDC) is a privately-held, diversified real estate acquisition and development firm whose principal competency lies within the acquisition, repositioning, and redevelopment of underutilized, distressed or environmentally-challenged properties. CDC has purchased and developed over 50-million-square feet under roof located on over 300 sites throughout the United States and Canada. For more information, visit www.cdcco.com.

About Industrial Asset Recovery Group LLC

Industrial Asset Recovery Group LLC is a corporate affiliate of Commercial Development Company, Inc. IARG was created to manage the liquidation process of surplus equipment, machinery, and other industrial assets generated by CDC’s many ongoing brownfield redevelopment projects. To learn more about IARG, please visit: www.industrial-recovery.com.