The big hunk of a building on West Lafayette Blvd. in downtown Detroit has been empty for 17 years, a reminder of when Knight Ridder owned the Free Press and Detroit's dailies has separate buildings.
Now the Detroit Free Press building is up for sale, again.
The last remaining building in a Chinese investment company’s downtown Detroit portfolio is for sale, Kirk Pinho of Crain's Detroit Business reports.
The asking price of $16 million is nearly four times the $4.2 million paid two years ago,
DDI Group is testing the market’s appetite for the former Detroit Free Press headquarters building — now rebranded as the Press Club Building — at 321 W. Lafayette Blvd. The building is 302,000 square feet between Washington Boulevard and Cass Avenue.