Originally Published: February 28, 2014 12:47 PMModified: February 28, 2014 1:38 PM

The Penobscot Building's new owners have signed four new tenants, including the return of a former law firm tenant and a new Greek restaurant.

The tenants recently inked leases with owners Toronto-based Triple Properties Inc. in the 1.25 million-square-foot building in downtown Detroit.

The Penobscot is 45 percent occupied with more than 1,000 tenants, Apostolopoulos said. The leasing agent is Fred Klugman, president of Detroit-based Klugman Commercial Properties LLC.

Triple Properties acquired the Penobscot Building in April 2012 for $5 million in cash. It also has retail, office and entertainment developments in Toronto, Chicago and New York.

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If you enjoy the content on the Crain's Detroit Business Web site and want to see more, try 8 issues of our print edition risk-free. If you wish to continue, you will receive 44 more issues (for a total of 52 in all), including the annual Book of Lists for just $59. That's over 55% off the cover price. If you decide Crain's is not for you, just write "Cancel" on the invoice, return it and owe nothing. The 8 issues are yours to keep with no further obligation to us. Sign up below.

Read the original here:
Table tennis club, Greek restaurant among new tenants at Penobscot Building

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