Bedrock adding more property on Detroit Riverfront
By Jack Nissen
300 River Place on the Detroit Riverfront (Courtesy of Rock Media)
The firm announced Friday it had purchased 300 River Place, which is near the city s Riverfront and has ample available office space.
A release from the company said some of the address s biggest tenants included the Belle Isle Conservancy and the Associated Press.
The purchase of 300 River Place is the fourth property now under Bedrock management in the northern Detroit location. Bedrock LLC is owned by Dan Gilbert. 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.
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.”
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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.
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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.”