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Bedrock acquires Detroit Riverfront property from Stroh family Property adds 500,000 square feet of office space Published: Tags: 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.” ....
View Comments Dan Gilbert’s real estate firm Bedrock LLC has purchased the 300 River Place commercial building, a move that expands its presence along the Detroit riverfront, the firm announced Friday. Bedrock finalized the purchase from The Stroh Companies Inc. this week for an undisclosed price. The 500,000-square-foot building, known as Stroh River Place, sits in the Rivertown Warehouse District, east of downtown Detroit. “The Detroit Riverfront Conservancy and other major stakeholders have done an incredible job of providing an abundance of activity and growth along the riverfront,” Kofi Bonner, CEO of Bedrock said in a statement. “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.” ....
by Allan Lengel Dan Gilbert s Bedrock continues to expand its Detroit footprint. The latest: Bedrock on Friday morning announced it acquired the Stroh River building known as 300 River Place near the Detroit River from the Stroh Companies. It is the former headquarters of the Stroh Brewery Company. The acquisition adds 500,000 square feet of office space, 735 parking spaces and 4.4 acres of developable land to Bedrock’s portfolio. “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 Kofi Bonner says in a statement. “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.” ....
Dan Gilbert buys Stroh River Place in Detroit from Stroh family View Comments Dan Gilbert s real estate firm has added Stroh River Place on Detroit s east riverfront to its vast collection of properties in the city. Bedrock announced Friday that it purchased the 500,000-square-foot office complex at 300 River Place from The Stroh Companies. The building dates to 1928 when it was constructed by the old Parke-Davis & Co. pharmaceutical company. The sprawling pharmaceutical complex and its dozens of red brick industrial buildings, including offices, laboratories and warehouses, was bought in the late 1970s by the Stroh Brewing Co. The brewing company redeveloped the complex during the 1980s and moved its headquarters to 300 River Place, the flagship building of the riverfront campus. ....