An out-of-state investor has shelled out $156 million for Huntington Tower at 2025 Woodward Avenue in downtown Detroit, a deal that appears to be the largest office sale in the city’s history. The 21-story tower, which opened in 2022, serves as Huntington Bank’s commercial headquarters and sits directly across from Comerica Park.
What Changed Hands
The roughly 203,300-square-foot Huntington Tower traded for $156 million, according to a Colliers announcement reported by Connect CRE. Colliers said Raymond Jonna served as the sole broker on the deal and that the property is secured by a long-term net lease to Huntington Bancshares.
Who Bought It? The Record Is Not Exactly Clear
Initial industry reporting and the broker’s…..