• Real Estate

    Real estate investment firm buys AT&T tower downtown

    A real estate investment firm has bought AT&T Inc.’s 20-story addition to its downtown Detroit campus complex. New York City-based Reign Capital LLC bought the nearly 50-year-old building in late May for $15.5 million through an affiliate, Reign CO1 Propco LLC, according to CoStar Group Inc., a Washington, D.C.-based real estate information service. It’s one of several AT&T properties the company has purchased recently, including in Milwaukee ($30.1 million), Pittsburgh ($25.7 million) and Winston-Salem (also $15.5 million). Public records do not yet reflect a sale. An email was sent to Reign Capital late Thursday afternoon seeking comment and additional information,  

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