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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