News

Dan Gilbert Buys Another Building

December 4, 2012



Add another Detroit skyscraper to businessman Dan Gilbert's real estate portfolio. The Quicken Loans founder is buying the One Woodward office tower downtown. Quicken and related companies are expected to lease eight floors of the building, making it 90 percent full within two months. This will be Rock Ventures' 10th building acquisition downtown in the past two years. It also bought the old Dime Building, the M@dison, Chase Tower, and the First National Building. Sandy Baruah is the head of the Detroit Regional Chamber of Commerce. WDET's Pat Batcheller asked Baruah how Gilbert's growing real estate profile is changing Detroit's landscape. Click the audio link above to hear the conversation.