The Stroh River Place office building and several nearby properties on the east Detroit riverfront are up for sale as John Stroh seeks to cash out of a sizable chunk of his family’s real estate holdings in the city.
A 4.32-acre swath of east riverfront land the Strohs own also hit the market this summer, and coupled together, I can’t think of a more substantial Detroit portfolio up for grabs in recent memory.
But what will the market say? That’s TBD.
There is no listing price for any of the properties, but we can extrapolate a bit and get a general idea on some of them.
The listing by the Southfield office of Los Angeles-based CBRE Inc. comes four months after a trust tied to the Stroh family listed the vacant land at 2680 E. Atwater St. and 127 Jos. Campau Ave. over the summer.
In addition to those two