BOSC Equities’ Dime Building Secures H&R Block Financial Advisors H.Q.
Company Renews Lease for 10 years, 100,000 square foot space

Waad J. Nadhir, BOSC Equities Chief Executive Officer today announced that H&R Block Financial Advisors has renewed their Dime Building lease for 10 years for their 100,000 square foot headquarters.

“Five years ago, BOSC made a commitment to the renaissance of the city of Detroit with the restoration and upgrade of the Dime Building. H&R Block Financial Advisors helped anchor that commitment by moving their Detroit headquarters to the Dime. We’re pleased the Dime and Detroit will be their home for the coming decade,” stated Mr. Nadhir.

“Downtown Detroit’s Financial District is experiencing a renaissance and we are excited to be part of this revitalization,” said Joan Cohen, President of H&R Block Financial Advisors, which is headquartered in Detroit. “We share BOSC’s dedication to helping build a vibrant downtown Detroit and the Dime Building offers best in class office space. Renewing our lease with the Dime Building for the next decade showcases our commitment and confidence in the resurgence of this magnificent city.”

Paul Beitz, First Vice President of CB Richard Ellis is leasing agent for the Dime building and the company is also a tenant.
BOSC acquired the Dime Building (www.dimebuilding.com), located at 719 Griswold Street in Detroit in 2000. The building boasts 23 stories, 325,000 square feet of Class “A” space and an adjacent 930 car garage called The Financial District Garage located at 730 Shelby Street. Designed by Daniel Burnham and completed in 1913 as the former Dime Savings Bank, the Dime building, when built was the tallest building in the city and first skyscraper. In 2002, BOSC and Barton Malow Design architects completed renovations to the building, reclaiming the beauty of the original structure, updating building systems, and installing the technology backbone required by the 21st century worker.

BOSC Equities, co-founded by Waad J. Nadhir, the Company’s Chief Executive Officer, began operations in 1989 and has developed properties throughout the United States. The company’s core business is value-added property redevelopment that can include properties developed for urban in-fill and mixed-use. BOSC Equities acquires assets in need of revitalization which can benefit from the company’s entrepreneurial and aggressive approach to redevelopment and repositioning in a market. BOSC Equities seeks to renovate properties to an institutional quality that benefits our customers, the community and our investors. For further information visit www.bosc.com.

 

 

 

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