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Time Equities Buys Detroit Office Buildings for $5.85 Million

New York Investment Firm Acquires Adjacent Buildings
A 77,735-square-foot office building at 613 Abbott St. in Detroit that sold to Time Equities. Photo: CoStar
A 77,735-square-foot office building at 613 Abbott St. in Detroit that sold to Time Equities. Photo: CoStar
By Daniel Thomas
CoStar Research
May 16, 2019 | 1:52 P.M.

Time Equities, a full service investment firm headquartered in New York, purchased two Detroit office buildings totaling 87,735 square feet from Dearborn Regional Clinical Lab and Legal Aid and Defender Association of Detroit for $5.85 million, or about $67 per square foot.

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