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Old Posted Oct 13, 2017, 3:48 PM
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Docta_Love Docta_Love is offline
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Google eye's LCA office space. .

Quote:
Google close to deal for new building near Little Caesars Arena

By KIRK PINHO
Crain's Detroit Business
October 13, 2017



Internet giant Google is nearing a deal for at least 35,000 square feet of new office space next to Little Caesars Arena in downtown Detroit.

According to CoStar Group Inc., a Washington, D.C.-based real estate information service, Google is moving from Birmingham to 2645 Woodward Ave., which is the arena's address.

However, there is a recently completed building on Henry Street where the company is expected to go, a source familiar with the deal confirmed to Crain's on Friday.

That building is four floors with 16,760 square feet of ground-level restaurant and retail space and 46,970 square feet of office space above, according to CoStar.

If the deal comes to fruition, it would be one of the biggest wins so far for the Ilitch family in its quest to build out the 50-block District Detroit project that's anchored by the new arena for the Detroit Red Wings and Detroit Pistons.

While some new retail tenants, such as restaurants in and around the new arena, have been announced, Google would be the first large user not affiliated with the Ilitches to take space in the district.

Wayne State University is building the new Mike Ilitch School of Business next to the arena following a $40 million donation from the Ilitch family patriarch in October 2015. Ilitch died in February. The Ilitch-owned Little Caesars Enterprises Inc. pizza chain is also building its new $150 million Global Resource Center south of the arena.
http://www.crainsdetroit.com/article...-caesars-arena


Biggest sale of the year so far.

Quote:
The Bishop’s Mansion, Detroit’s largest residence, sells for $2.7M

BY ROBIN RUNYAN
Curbed Detroit
OCT 12, 2017



The biggest sale of the year just showed up on the radar. The Bishop’s Mansion in Palmer Woods, Detroit’s largest residence, was not listed on the MLS and just sold to a California investor for $2.7 million fully furnished, according to selling agent Tony Rodriguez of Re/Max Suburban in Sterling Heights.

The Bishop Gallagher House is 35,000 square feet and was built in 1924-25 for Bishop Michael J. Gallagher. The house was financed by the Fisher brothers and designed by Maginnis and Walsh. The archdiocese sold the house in 1989 and Detroit Piston John Salley lived in the home for a while. Most recently, Great Faith Ministries owned the home.

This is the largest residential sale of the year in Detroit. A Book Cadillac penthouse had the top spot at $1,795,000, followed by the Motown Mansion at $1,650,000, and the Fisher Mansion at $1,250,000.
https://detroit.curbed.com/2017/10/1...n-detroit-sold
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