Loading…
Monday, September 22, 2014
Current Weather
Loading Current Weather....
Published: Tuesday, 10/15/2013

BUSINESS BRIEF

Gilbert adds 2 buildings to Detroit portfolio

BLADE STAFF

DETROIT — Dan Gilbert has added two new buildings to his large portfolio of properties in downtown Detroit.

Mr. Gilbert’s Rock Ventures said Tuesday that it has bought a 1931, eight-story Albert Kahn-designed building at 1505 Woodward Ave. It also bought an 1897, six-story building at 1265 Griswold St. and once known as the Bamlet Building.

Rock Ventures says the purchases add 84,000 square feet to its holdings: about 40 properties with 8 million square feet of commercial and parking space in Detroit’s urban core.

Rock Ventures is an umbrella entity that also includes Quicken Loans, a leading residential mortgage lender.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories