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Michigan State buys a majority interest in the Fisher Building

walker

By walker
in Detroit

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walker Burg

walker

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Free Press: MSU buys majority stake in Fisher Building in Detroit

The article states that the MSU Endowment Fund made a  "$21 million investment in the real estate partnership that owns the Fisher Building and two adjacent surface parking lots and a parking structure."   For now it sounds like it will continue renting to commercial tenants and MSU will also use it to house some of their programs.

Hopefully this will help stabilize another famous iconic Detroit skyscraper that has had some problems in recent years. 

Edited by walker
fixed typo
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  • walker changed the title to Michigan State buys a majority interest in the Fisher Building

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