Dan Gilbert, Quicken Loans founder and chairman, just purchased another property in downtown Detroit. The property is 1250 Griswold between Grand River Avenue and State Street and is an 8, 700 square foot structure, as reported by mLive.com.
Gilbert’s Bedrock Capital, responsible for his real estate holdings, now owns 4 buildings and a lot in Detroit. Bedrock opened the Detroit Institute of Music Education in one of the buildings. Last spring, Bedrock purchased three buildings in Capitol Park and has a total of 9 million square feet in Detroit, spread across 60 buildings.