Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Midwest  + Office  | 

“Ann Arbor Icon” Now Has Ann Arbor Owner

Oxford Companies has acquired 777 E. Eisenhower Pkwy. in its hometown of Ann Arbor, MI. The 10-story, 290,000-square-foot building is among the city’s highest-profile office properties. Seller and pricing were not disclosed.

The acquisition extends Oxford’s portfolio to 2.5 million square feet, including 1.875 million square feet on Ann Arbor’s southside alone. Oxford will retain all leasing, property management and design/build services on 777 E. Eisenhower with its in-house divisions.

“Although 777 is an Ann Arbor icon, it has never had an Ann Arbor owner,” said Jeff Hauptman, Oxford’s founder and CEO. “Oxford is dedicated to Ann Arbor, and our vision for 777 extends beyond the building itself. We see an opportunity to improve the entire State-Eisenhower corridor to become more pedestrian-friendly and less car-centric—transforming Ann Arbor’s southside into the alternative to downtown.”

Oxford expects to invest about $10 million into building improvements at 777 E. Eisenhower.


Get Chicago News in 150 Words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read More at OxfordConnect With Oxford's Hauptman

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action
NAIOP-11-cube