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-based purchased the office building at 301 E. . in the heart of ’s downtown area for $10.6 million, or about $123 per square foot.

Group LLC of , MI sold the following seven weeks in escrow. owns a number of other in southeastern Michigan, though 301 Liberty was their only property in Ann Arbor, according to CoStar information.

Delivered in 1986, the seven-story, 86,000-square-foot, class A office building sits between Ann Arbor’s bustling . and the University of Michigan campus, in the of 23 submarket, at the northeast corner of S. Fifth Ave.

Michael Giraud of Swisher Commercial negotiated the sale on behalf of Larson, and was the sole broker in the deal.

Please see CoStar COMPS #2765402 for more information on this transaction.

Source: http://www.costar.com/News/Article/Downtown-Ann-Arbor-Office-Trades-for-$106M/149538

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