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GM purchases the Renaissance Center for $626 Million. 
http://biz.yahoo.com/ap/080508/gm_renaissance_center.html?.v=6
They've been leasing their global headquarters since moving there in 1996.
The lease was due for renewal on May 1, but instead of renewing the lease, they bought it.
Good time to buy in this buyer's market!
A wise choice by the General. :thumbsup:
http://biz.yahoo.com/ap/080508/gm_renaissance_center.html?.v=6
They've been leasing their global headquarters since moving there in 1996.
The lease was due for renewal on May 1, but instead of renewing the lease, they bought it.
Good time to buy in this buyer's market!
A wise choice by the General. :thumbsup:
