Crain’s Detroit Business reported that New York-based investor 601W Companies closed on the $177.5 million purchase of the Southfield Town Center, the second largest office complex in metro Detroit. The company plans to spend approximately up to $50 million on renovations at the 2.2 million-square-foot office complex which consists of five towers. Warren Gleicher, Martin Cooper and Shirlee Gordon represented 601W Companies as co-counsel in charge of overall deal structure, the tenants-in common agreement between the owners and the income tax consequences thereof.
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