Browse Tag: Borders Group

Borders Ann Arbor HQ Books $10.5 Million Refinance

borders-hqNew York-based real estate investment banking firm Chesterfield Faring has announced a refinance of the Wickfield Center of Ann Arbor, MI, former corporate headquarters of the bankrupt and liquidated national bookseller chain Borders.

The refinance is in support of a bustling market in the former HQ’s space. The two-building complex, sporting a total of 330,000 square feet of rentable space, was sold to Hughes Properties earlier this year by Colliers International, who has been retained to list the available rental space. ┬áThe South Ann Arbor property has major tenants in Gold Star Mortgage, who is renting 68,000 sq. ft. ┬áColliers itself also rented 16,000 sq. ft to Prime Research, a strategic communication research firm.

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