Appraisal Company Moving to Downtown Detroit
DETROIT — Metro-West Appraisal, the nation’s largest independent residential real estate appraisal company, Tuesday announced it is moving its national headquarters into downtown Detroit’s growing Central Business District.
Metro-West will occupy 8,000 square feet in the Chrysler House, formerly known as the Dime Building, a 23-story office tower at 719 Griswold St. Chrysler House is owned by Rock Ventures, the umbrella entity formed to provide coordination of Dan Gilbert’s portfolio of companies and investments.
Founded in 1987, Metro-West has more than 175 employees across 24 states and growing.
The company’s headquarters team of 40, currently located in Northville, will move to Chrysler House in early March. Metro-West has plans to hire another 35 Detroit-based employees following its move.
“We are very excited to move to downtown Detroit so we can support the renaissance taking place in the city,” said Brandon Boudreau, Metro-West Appraisal’s COO. “Not only will the move be great for Detroit, it will also be a huge boost for our company morale. There’s an incredible energy downtown and we’re looking forward to exploring the city with the growing number of people working there.”
Added Matt Cullen, president and CEO of Rock Ventures: “Metro-West Appraisal’s move of its national headquarters to downtown Detroit is further proof of the opportunity that exists in the city’s urban core. Every time another company moves to the city, Detroit’s turnaround gains scale and momentum.”
Metro-West’s move brings Chrysler House’s occupancy rate to 89 percent. The independent company has no affiliation to Rock Ventures, its family of companies or Quicken Loans.
The deal was brokered by Bedrock Real Estate Services LLC Rock Ventures’ full service real estate firm. As a result of Bedrock and Rock Ventures’ collaboration, more than 60 businesses now call downtown Detroit home. For more on Bedrock, visit www.bedrockmgt.com.
For more information about Metro-West Appraisal, please visit www.metrowestappr.com/.
Gilbert moved Quicken Loans downtown in 2009.