Dan Gilbert Spreads Out, Buys A Dull-Looking Building In Corktown Area

January 10, 2014, 3:17 PM

Mr. Downtown has spread out a little.

Crain's reports that Dan Gilbert bought a 38,000 sq-ft warehouse on Rosa Park and Porter in the Corktown area. Built in 1975, it's a fairly dull looking spot compared to his downtown collection of retail and office space.

But for $625,000, the founder and chairman of Quicken Loans Inc. and Rock Ventures LLC bought it on Nov. 25 from Gasper Fiore, owner of Boulevard and Trumbull or B&T Towing Inc.

No word from the Gilbert camp about what the building will be used for but Crain's reports: 

Bedrock plans to use the building as "some kind of communication center," according to Washington, D.C.-based real estate information service CoStar Group Inc.

Two tenants moved out when Gilbert bought it, so we can only assume a Gilbert-owned industrial warehouse will be used to store all the small buildings he doesn't want anymore.

Previous Coverage:

Read more:  Crain's Detroit Business

Leave a Comment:

Photo Of The Day 

What a very creative Joe Biden support yard sign

By: Rose Fenster