Herrick Co. has paid $150 million, or $355.89/sf, for Huntington Tower, a 421,481-square-foot office property in Detroit. The Cedar Knoll, N.J., investment firm purchased the property from an affiliate of Sterling Group, according to a report from The Detroit News. The 20-story property, at 2025 Woodward Ave., is leased on a triple-net basis to Huntington […]
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