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Gilbert’s Bedrock buys downtown Cleveland buildings for $12 million

Gilbert’s Bedrock buys downtown Cleveland buildings for $12 million

Downtown Detroit real estate mogul Dan Gilbert, also owner of the Cleveland Cavaliers, may or may not be investing in the renovation of the team’s Quicken Loans Arena, but he just shelled out almost $12 million to buy the one-time May Co. store on Public Square and an attached eight-story building on Ontario Street in downtown Cleveland.

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