Quicken Loans founder and Chairman Dan Gilbert — whose enthusiasm for Detroit makes him something of a new Motor City Madman — has purchased two more iconic downtown buildings. Gilbert not only moved his own company to downtown Detroit in 2010, but is buying up real estate left and right and encouraging other companies to join the city’s renaissance.
Rock Ventures, Gilbert’s umbrella company, has purchased 1505 Woodward Ave., an eight-story Albert Kahn-designed building that dates to 1931, and 1265 Griswold St. (“the Bamlet Building”) a six-story building designed by Spier & Rohns that went up in 1897.
Rock Ventures owns or controls through master leases nearly 8 million square feet of space in 40 downtown buildings, making it the city’s second-largest private owner of real estate after GM, MLive Media Group reports. Source: mlive.com
