Oh what a difference three years makes. Amid a strengthening downtown real estate market, Wayne County reached a tentative agreement to sell a downtown Detroit office building near Campus Martius for $4.65 million to the Elia Group, according to a joint press release on Sunday. The deal for the four-story, 29,968-square foot building along Woodward Avenue in the shadow of the towering 40-story Guardian Building still needs approval by the Wayne County Commission. But if it comes together, the sale’s price would be more than double the amount tentatively agreed to in 2015 with a different prospective buyer…Continue Reading or Check Out Our Exclusive, Off-Market Real Estate Investment Opportunities!
Peter Corrado
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