Agree Realty, hit particularly hard by Borders’ bankruptcy as a result of owning 14 properties where the retailer held long-term listings, has slashed the asking price for the company’s Ann Arbor headquarters from $18.349 million to $10 million. Earlier this year Borders indicated it was seeking cheaper and smaller space in the suburban Detroit area, as the 330,000 square-foot headquarters used to house as many as 1800 employees, but that number is down to 500 or less. AnnArbor.com The Tolkien Estate settled its lawsuit against author Stephen Hilliard, whose novel Mirkwood features JRR Tolkien as a character. The estate argued […]
