Cadillac set to vacate Soho office

The automotive brand is moving back to Detroit

TRD New York /
Sep.September 26, 2018 04:30 PM

From left: 330 Hudson Street, Cadillac’s Steve Carlisle, and Downtown Detroit (Credit: 330hudsonnyc, Cadillac, and Ken Lund via Flickr)

Cadillac is set to vacate its offices at 330 Hudson Street as it relocates its global headquarters back to Detroit.

The move comes four years after the brand, a division of auto manufacturer General Motors, started operations at the 16-story Soho office building. In an interview with the Wall Street Journal, which first reported the news, GM executive Steve Carlisle said that he wants Cadillac’s executives to be near the company’s design and engineering facilities in suburban Detroit.

“We’ve got to think about how we take inefficiencies out of the communication process between the Cadillac team and the GM partners,” Carlisle said.

Cadillac signed a 34,000-square-foot lease for the top two floors of the building in 2014. There are about 110 employees at the location, most of whom are executives and marketing staff.

Cadillac previously hosted art exhibits in the building’s ground floor retail area. The space, which the brand named Cadillac House, will be kept open after the relocation.

AEW Capital Management signed a contract to acquire the 470,000-square-foot office building for $385 million in January. It was previously owned by a joint venture between Ivanhoe Cambridge and Callahan Capital Properties.

AEW did not immediately return requests for comment.


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

47 Greene Street and President & CEO of Acadia Realty Trust Kenneth F. Bernstein (Credit: Google Maps)

Acadia plows ahead with $122M retail investment in Soho

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

WeWork leases in Soho and Flatiron could be in trouble, according to a report (Credit: iStock)

WeWork leases in Soho, Flatiron most at risk: report

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

arrow_forward_ios