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| SAMPLE ACQUISITION AND RENOVATION |
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General Motors
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Project:
General Motors Share the Spare
Howell, Michigan
E.L. Hollingsworth Supplier
Overview:
In the fall of 2004 Corvus purchased and renovated an existing 200,000 sf distribution facility in Howell, Michigan for the GM Share the Spare program. The facility is the home of many of General Motors critical plant machinery parts.
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Lamb Technicon
an UNOVA Company
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Project:
Lamb Technicon, an UNOVA Company
4950 Marlin Drive
Machesney Park, Illinois
Overview:
The existing 146,283 SF building, originally constructed in 1981 on 26.5 acres, is owned by Corvus International. Corvus purchased the building and invested $255,000 to upgrade the electrical system and $300,000 for building improvements. Approximately 7 acres are available for expansion.
Property Highlights :
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| Building Type: |
Light Industrial |
| Renovations: |
New roof and parking lot, 1998 |
| Office Size: |
33,040 SF |
| Shop Size: |
113,243 SF |
| Office Size: |
33,040 SF |
| Trucks Docks: |
5 Wells plus 4 at grade level |
| Parking Spaces: |
296 Spaces |
| Clear Height: |
21’ AFF |
| Column Spacing: |
40’ x 50’ |
| Roof Structure: |
Membrane, new in 1998 |
| Structure: |
Conventional Steel Frame |
| Crane: |
1 ton, 3 ton or 5 ton at all bays |
| Lighting |
Fluorescent thruout |
| Floor Material: |
7” slab, 4000 PSI |
| Wall Structure: |
Metal Siding |
| Rail: |
Not Available |
| Air Conditioning: |
Throughout office and shop |
| Heat Source: |
Gas-fired, roof mounted |
| Ventilation: |
1 CFM |
| Fire Suppression: |
Local Code and NFPA |
| Water Provider: |
Municipal |
| Sewer Provider: |
Municipal |
| Electrical |
Upgrade cap. to 480V 3ph |
| Compressed Air: |
Loop around shop |
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Metaldyne Corporation
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Project:
Metaldyne Corporation, Plymouth, Michigan
47603 Halyard Drive, Plymouth, Michigan 48170
Overview:
The existing 38,000 SF office building and 5 acre property was purchased by Corvus Development and immediately renovated to accommodate the employee growth of Metaldyne Corporation Corp. This Corporate Headquarters building, located next to Metaldyne’s 90,000 SF Technical Center, houses the executive, sales and financial staff. The $3.0 million of building improvements include the replacement of portions of the roof, complete interior painting and replacement of all site paving. Metaldyne has invested $1 million installing a computer room and aesthetic improvements to the executive floor.
Property Highlights :
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| Building Type: |
Office Building , Class A finishes |
| Renovation: |
Completed July 2002 |
| Office Size: |
38,000 SF |
| Trucks Docks: |
1 at grade level |
| Parking Spaces: |
220 Spaces |
| Clear Height: |
9’ AFF each floor |
| Column Spacing: |
36’ x 36’ |
| Roof Structure: |
New membrane, 15-yr warranty |
| Expansion: |
Up to 15,000 sf available |
| Structure: |
Conventional Steel Frame |
| Floor Material: |
Concrete slab |
| Wall Structure: |
Masonry/Glazing |
| Air Conditioning: |
Throughout |
| Heat Source: |
Gas-fired, roof mounted |
| Ventilation: |
Standard for office |
| Fire Suppression: |
Local Code and NFPA |
| Water Provider: |
Municipal |
| Sewer Provider: |
Municipal |
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| Leasehold Improvements Since Purchase- $3.0 million |
Pulverize and resurface 52,500 sf of asphalt pavement |
New landscaping and flagpoles |
1000ft. wooden bridge to connect to Technical Center |
New carpet, ceiling and paint throughout |
Repair and replacement of portions of the roof |
Repair and replacement of interior marble floors and asonry wall |
New millwork throughout |
New lighting throughout |
60 KVA transformer and UPS back-up system |
250 KVA generator |
FM-200 fire suppression system in Data Center |
Addition of two HVAC roof units in SE portion of building |
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