Bedrock buys buildings, land along Detroit Riverfront
Posted at 8:09 AM, May 14, 2021
and last updated 2021-05-14 08:09:33-04
Bedrock, the real estate company owned by Dan Gilbert, has purchased a group of buildings and land along the Detroit Riverfront.
According to Bedrock, they have purchased 300 River Place from The Stroh Companies, Inc., which will add 500,000 square feet of office space, 735 parking spaces and about 4.4 acres of land that can be developed.
The buildings included in the sale are:
300 River Place Drive: a 500,000 square foot, Class A office building
Western portion of the River Place Parking Garage: totaling rights to 735 parking spaces
Bedrock acquires Detroit Riverfront property from Stroh family
Property adds 500,000 square feet of office space
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Bedrock is adding to its Detroit Riverfront portfolio with the acquisition of the 300 River Place building.
Bedrock acquired 300 River Place from The Stroh Companies, Inc. The River Place Portfolio acquisition includes 500,000 square feet of office space, 735 parking spaces and approximately 4.4 acres of developable land.
“The Detroit Riverfront Conservancy and other major stakeholders have done an incredible job of providing an abundance of activity and growth along the riverfront,” said Kofi Bonner, CEO of Bedrock. “We are excited to formally join the Riverfront community and expand on their efforts to make Detroit’s Riverwalk one of the city’s most memorable places for families to gather, friends to play and people to work.”
Morning Briefing May 14, 2021: Bedrock acquires Detroit Riverfront property from Stroh family, House GOP chooses Trump defender Elise Stefanik to replace Rep. Liz Cheney
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Bedrock is adding to its Detroit Riverfront portfolio with the acquisition of the 300 River Place building.
Bedrock acquired 300 River Place from The Stroh Companies, Inc. The River Place Portfolio acquisition includes 500,000 square feet of office space, 735 parking spaces and approximately 4.4 acres of developable land.
Republicans vaulted Rep. Elise Stefanik into the ranks of House leadership Friday, electing an ardent Donald Trump defender in hopes of calming their searing civil war over the deposed Rep. Liz Cheney’s unremitting combat with the former president.