Church of Scientology Buys One Griswold

Raymond James Exchanges 50,000-SF Office in Wayne County for $3.5M

GoStar Group, Michigan/December 24, 2007

Raymond James Financial Services sold One Griswold St. in Detroit, MI, to the Church of Scientology for $3.5 million, or approximately $70 per square foot.

Built in 1926, this eight-story office building is in the central business district along Detroit's waterfront. The building features an on-site property manager.

Sam Munaco and Angela Arcori of Signature Associates represented Raymond James Financial Services, and Tim Jarzembowski and Dave MacDonald of the Staubach Co. represented the Church of Scientology.

Please refer to CoStar COMPS #1422955 for more information on this transaction.

To see more documents/articles regarding this group/organization/subject click here.