Sales for two of the last Finlandia University properties are expected to close soon. Following final approval from the Ingham County court earlier this month. According to City Manager Mary Babcock, in her report at the January city council meeting, the Jutila Center Condos will be sold to Hancock Office Building LLC.
“And that should be closing in the next two weeks. For an LLC called Hancock Offices. And which I do believe it is a division of Moyle.” – Mary Babcock, City Manager, Hancock
A statement from Keen Summit Managing Director, David Levey, confirms that the Jutila Cente condos are under contract with Hancock Office Building LLC. He says that they will purchase the condos for 25,000 dollars. Additionally, Old Main has been sold. The final auction price on that building settled at 95,000 dollars to Naturally Michigan Properties LLC.