Sterling Group Sells the Ford Building Downtown After Less Than 6 Months

The 18-story Ford Building at 615 Griswold St., one of the oldest office buildings in downtown Detroit, was sold by a local family to the Sterling Group of Detroit for $12 million in early February.

Now, less than six months later, the Sterling Group has turned around and sold the building for an undisclosed sum to two principals, Matthew Shiffman and Zaid Elia, who purchased it under the business name, Ford Building Rino LLC of Southfield.

The sale was recorded Monday at the Wayne County Register of Deeds.

By | 2017-12-11T18:25:46+00:00 December 11th, 2017|News|