News

Actions

Albert Kahn Building in Detroit's New Center district up for sale

CORP-Digital-Default-Image-1280x720-WXYZ.png
Posted at 8:24 PM, Aug 23, 2017
and last updated 2017-08-23 20:24:28-04

A Detroit landmark is up for sale in the New Center area.

The Albert Kahn Building, located at 7430 Second Ave., was bought two years ago for just over $12 million, according to The Detroit News.

Investor interest prompted the move to list the 275,000-square-foot building, said AJ Weiner, managing director of Jones Lang LaSalle, a professional services firm. 

It's owned by Detroit Developer The Platform and New York City-based HFZ Capital Group.

The owner had planned to turn the building into a residential site with retail business on the first floor.