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Amid General Motors' restructuring and cost-cutting efforts last year, the automaker also was in talks to sell its Renaissance Center headquarters, Automotive News and Crain's Detroit Business have learned.

The biggest U.S. automaker was in discussions to sell its glass-towered complex here to billionaire businessman Dan Gilbert, according to four people familiar with the matter.

Talks between GM and Gilbert in the fall did not advance far, at least in part because the complex built in the 1970s and early 1980s by Ford Motor Co. under then-Chairman Henry Ford II requires substantial upgrades, including a costly overhaul of the heating, ventilation and air-conditioning system, said three of the people, who asked not to be identified because the talks were private.



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GM So Hell Bent On Cutting Costs That It Is Considering Dumping It's HQ Rather Than Performing Upkeep

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