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Broder & Sachse Real Estate Services Inc. plans to purchase the Orchestra Place office building at Woodward Avenue and Martin Luther King Jr. Boulevard in Detroit's Midtown.
The Michigan Strategic Fund board last week approved the transfer of Renaissance Zone benefits related to the Class A building, which was built 20 years ago.
The building is owned by Orchestra Place Renewal Partnership, which is registered to Detroit Symphony Orchestra President and CEO Anne Parsons.
An MSF memo said the DSO's pending sale to...