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princetonmanagement.com

About Princeton Enterprises

Princeton Management is a real estate acquisition, development, and property management company that enjoys one of the finest reputations for successfully acquiring, repositioning and operating a diverse portfolio of real estate assets including multifamily housing, office, storage, and other commercial facilities.

Headquarters Location

2550 Telegraph Road Suite 200

Bloomfield Hills, Michigan, 48302,

United States

248-683-2500

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Latest Princeton Enterprises News

UAW sells training center building in Detroit

Feb 16, 2018

DETROIT -- Princeton Enterprises LLC has purchased the UAW-Chrysler National Training Center building in Detroit. Peter Jankowski, vice president of brokerage services at Friedman Integrated Real Estate Solutions LLC, said UAW-Chrysler moved out of the 78,892-square-foot building last year to consolidate with its national training center in Warren. He said two smaller tenants are still in the building at 2211 E. Jefferson Ave. but could not say what plans are in store for the building. He did not disclose financial details of the transaction. Requests for comment from Princeton Enterprises, a real estate company in Bloomfield Hills, and seller NTC were not returned Friday. The structure was built in 1970 and purchased in 1989 by NTC, a joint entity funded by Auburn Hills-based FCA US LLC, for $6.3 million, according to city of Detroit records. The UAW-Chrysler National Training Center is at the center of a federal corruption case that has led to plea deals with a former FCA executive and the widow of the late UAW Vice President General Holiefield.

Princeton Enterprises Acquisitions

1 Acquisition

Princeton Enterprises acquired 1 company. Their latest acquisition was Drummond Island Resort and Conference Center on January 29, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/29/2016

$99M

Acquired

1

Date

1/29/2016

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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