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| Dan Gilbert |
DETROIT, MI /PRNewswire/ -- Rock Ventures announced the
purchase of five additional properties, wrapping up a year in which it acquired
eight buildings totaling 630,000 square feet of commercial space.
The newest acquisitions bring Rock Ventures' downtown
Detroit real estate investments to 15 buildings totaling 2.6 million square
feet of commercial space, and three parking structures for a combined 3,500
parking spaces.
In addition, Rock Ventures broke ground on a 33,000
square-foot specialty retail development and 10-story parking garage last
month, renovated 633,000 square feet of commercial space, and located 45
companies to the city, including Twitter, Chrysler, Metro-West Appraisal, and
numerous technology related start-ups.
Rock Ventures' family of companies, including Quicken Loans
and Title Source, has brought 7,000-plus people to work in downtown Detroit
since August 2010.
"It has been an exciting year of opportunity in
Detroit," said Dan Gilbert, Founder and Chairman of Rock Ventures
and Quicken Loans. "Our focus in
2013 will be on the three R's - residential, rail and retail - all of which are
vital in creating the vibrant, thriving urban core that we all envision."
For a complete copy of the company’s news release, please
contact:
Paula Silver,
+1-313-373-7255
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