DETROIT-The Internal Revenue Service will take 81,000 square feet at One Detroit Center, a 950,000-square-foot office in the CBD at 500 Woodward Ave. The IRS is moving from the Patrick V. McNamara Federal Building on Michigan Avenue.
The Federal Bureau of Investigations will increase its offices at the McNamara building, following the cancelation of a new downtown Detroit building for the bureau. The IRS move allows the FBI to stay at the 27-story McNamara facility, which mostly houses state and federal offices.
The 45-story One Detroit building, one of the tallest in the state, includes anchor tenants such as law firms Dickinson Wright and Clark Hill, which both occupy about 175,000 square feet. The law firms are leasing until 2022 in the building, which leases for about $19 per square foot. Rate information for the 10-year IRS lease were not disclosed.
The building has had some high profile departures, including its former namesake Comerica, which moved its headquarters to Dallas in 2007. New York City-based J. Walter Thompson, now called JWT, moved its Detroit advertising offices to Dearborn, MI to be near client Ford Motor Co., and Ernst and Young moved to another Detroit building.
Myrna Burroughs, Maria Kobe and Jaime Dingeman with CB Richard Ellis represented the General Services Administration in the IRS lease. Sam Munaco, Garrett Keais and David Miller with Signature Associates represented building ownership, a venture of Detroit-based MayfieldGentry Realty Advisors and New York City-based iStar Financial Inc.
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