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Chicago & Midwest  + Midwest  + Office  |  January 8, 2024
Jasmine Kilman
By: Jasmine Kilman

Friedman Real Estate Buys Downtown Detroit Towers

Farmington Hills, Michigan-based Friedman Real Estate recently bought two of the seven Renaissance Center towers in Detroit, with plans to keep the duo as office space. Friedman bought the 500 and 600 towers from a New Jersey utility company that had owned the properties for years, reported Detroit Free Press.

Both towers cover over 300,000 square feet and were last renovated in 2011. At 21 stories tall, the two towers bought by Friedman are smaller than the other five RenCen towers. The RenCen had its 1977 grand opening with four 39-story office towers surrounding a central 73-story hotel, now a Marriott. All five original towers are owned by General Motors, which is still headquartered in the center. One of the towers is full, the other is mostly empty.

Friedman is active in Detroit and throughout the Midwest. The firm offers full-service commercial real estate services from leasing, buying, and selling to property management and analytic insights.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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