ROCK VENTURES ADDS THREE MORE PROPERTIES TO DETROIT INVESTMENT

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DETROIT — Rock Ventures Group recently purchased three properties in Detroit, capping a year-long drive to acquire and renovate buildings in the downtown area. The newest acquisitions include the Wright-Kay building, located at 1500 Woodward Ave.; the Lane Bryant building, located at 1520 Woodward Ave.; and the Arts League of Michigan building, located at 1528 Woodward Ave. The six-story Wright-Kay building is slated to offer street-level retail with offices or residential units on the floors above. The 45,000-square foot Lane Bryant building and 43,000-square foot Arts League of Michigan building are both slated to offer a mix of retail and office space. In 2011, Rock Ventures, led by Quicken Loans founder Dan Gilbert, purchased seven properties, three parking structures and one parking lot in Detroit.

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