Franklin Property Corporation

In conjunction with investor partners, Franklin Property Corporation acquired 95-acres of prime land in Dundee, Michigan (Monroe County), near the US-23 and M-50 interchange in 2003. The property features railroad access and is adjacent to the new, multi-billion dollar Chrysler engine plant. The Company successfully rezoned sixty (60) acres to an M-1 zoning to attract corporate and industrial companies. The remaining thirty-five (35) acres has been held for future residential development.