[DetroitMan]

Skidmore to move into Gilbert-owned Madison Theatre building

The Skidmore Studio advertising and design firm is close to a deal to move the 52-year-old firm from Royal Oak to Detroit, taking space in the Dan Gilbert-owned Madison Theatre building.

President, CEO and owner Tim Smith confirmed this morning that a deal is imminent. Quicken Loans Inc. vice president of communications Paula Silver confirmed that the signing is expected by tomorrow.

Smith said the company has been exploring a move to Detroit from Royal Oak for more than a year and is excited about the deal.

“Skidmore was established in 1959 in Detroit,” he said. “We want to get back to our roots and we want to be part of this resurgence in Detroit.”

The firm will take 10,000 square feet and will move all 23 employees to the Madison Theatre building at 1555 Broadway St. Skidmore is currently leasing space at 301 W. 4th Street in Royal Oak, with the lease up in September.

http://www.crainsdetroit.com/article...eatre-building