UM: Detroit

The Detroit Free Press reports on GM’s plan to potentially move 1,500 employees out of its downtown Detroit Renaissance Center headquarters, and what that might mean for the city’s economy. The article quotes Christopher Leinberger, a UM professor of real estate: “GM moving out some office workers will be a blow to the office market downtown, but it should have a pretty nominal effect on the rest of the revitalization effort in downtown Detroit.” [Source]