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The Ilitch organization has snapped up another Cass Corridor property as it moves forward with the its $450 million sports/entertainment arena.
A family-related firm bought the Art Deco headquarters of the Michigan Chronicle at 479 Ledyard, The Detroit News reports.
The News reports that the building was sold earlier this year to an entity linked to an executive of Ilitch Holdings Inc., which is controlled by members of the Ilitch family.
The Chronicle and its parent company, Real Times Media, are moving to 1452 Randolph.
Read more:
The Detroit News
