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Pair of Livonia office buildings sell at a 90% discount

Kirk Pinho
By Kirk Pinho

Kirk Pinho is a senior reporter covering commercial real estate. Since joining Crain's Detroit Business in 2013, he has written about leasing, development and property sales in Detroit and its suburbs, as well as the industry's trends, personalities and quirks.

20255 Victor Parkway
Credit: CoStar Group Inc.
The vacant Livonia office building at 20255 Victor Parkway is about 176,000 square feet. 

A New York City-based landlord has taken a major bath on a pair of Livonia buildings it bought as the office market started heating up following the Great Recession.

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Kirk Pinho
By Kirk Pinho

Kirk Pinho is a senior reporter covering commercial real estate. Since joining Crain's Detroit Business in 2013, he has written about leasing, development and property sales in Detroit and its suburbs, as well as the industry's trends, personalities and quirks.

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