CSP
Office | 8.00% CAP | 68,974 SqFt
Marketing description
Marcus & Millichap is pleased to present CSP at 255 Rex Boulevard in Auburn Hills, Michigan. CSP is a leading manufacturer of lightweight composite components and advanced structural technologies serving the global transportation industry. Headquartered in Auburn Hills, Michigan, the company specializes in engineered composite solutions designed to reduce vehicle weight, improve efficiency, and support next-generation automotive manufacturing. Formerly known as Continental Structural Plastics, the company re-branded to CSP in 2025. The CSP name carries longstanding recognition within the automotive composites sector and reflects the company's legacy as one of North America's leading advanced composite manufacturers.
CSP provides full-service engineering, materials development, and manufacturing capabilities for major automotive OEMs and transportation manufacturers throughout North America. The company's products include lightweight body panels, structural components, pickup box systems, aerodynamic assemblies, and advanced composite solutions utilized in passenger vehicles, trucks, and emerging mobility platforms.
The facility at 255 Rex Blvd in Auburn Hills, Michigan is strategically positioned within one of the nation's premier automotive and advanced manufacturing corridors. The property benefits from immediate access to Interstate 75 and close proximity to numerous OEM headquarters, engineering centers, and Tier 1 suppliers throughout Metro Detroit.
Today, CSP operates as an independent, privately held company with approximately 15 manufacturing facilities across North America and more than 4,000 employees. The company maintains a significant footprint throughout the automotive supply chain and continues to focus on light-weighting technologies, advanced composites, and innovative transportation solutions.
Investment highlights
- Long-term lease structure with approximately nine years of remaining term providing secure and predictable cash flow
- Corporate lease guaranty from Teijin Limited, an A- rated global company with substantial international operations and financial strength
- Annual rental escalations provide built-in NOI growth and hedge against inflation over the remaining lease term
- Mission-critical manufacturing operation serving the automotive composites industry within the highly desirable Auburn Hills automotive corridor
- Strategic Southeast Michigan location with proximity to major OEMs, suppliers, interstate connectivity, and one of the country's deepest manufacturing labor pools
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