borders group

Former Borders headquarters in Ann Arbor sold

The Associated Press — Sat, 09 Feb 2013 14:34:24 +0000

ANN ARBOR, Mich. (AP) - The former Ann Arbor headquarters of bookstore chain Borders Group has been sold.

The Ann Arbor office of Colliers International tells The Detroit News that the buyer requested a confidentiality agreement, so no name was publicly disclosed. Colliers International is handling the sale.

The 330,000-square-foot headquarters was listed last year for $6.9 million.

Closing the book on Borders' Ann Arbor store

Steve Carmody — Mon, 12 Sep 2011 17:22:19 +0000

Today, the doors will close for the final time at the Borders bookstore in Ann Arbor. It’s a significant milestone marking the final days of the Ann Arbor-based bookseller.

“Well it's so sad….we’ll miss’em…great store,” one longtime Borders customer said as she walked out the door of the bookseller's flagship store. That is the feeling of many people who stopped by the Borders store in Ann Arbor on its last day.

Borders Books liquidation moving forward

Steve Carmody — Mon, 22 Aug 2011 14:47:14 +0000

What’s left on the shelves at your local Borders bookstore is expected to be gone in about another month. The liquidation sales have been going on for nearly a month at Borders 399 bookstores across the U.S., including the company’s 26 Michigan locations.

The Ann Arbor-based bookseller ended its fight to stay alive in July after repeated unsuccessful attempts to find a way out of bankruptcy-protection.

Borders prepares for important bankruptcy court date this week

Steve Carmody — Mon, 30 May 2011 19:59:01 +0000

Attorneys for Borders will be back in court this week asking a judge to give the troubled Ann Arbor-based book store chain more time to exit bankruptcy protection. When Borders filed for bankruptcy protection in February, the hope was the bookstore chain would be able to quickly turn itself around. That apparently isn’t happening.

Borders Books liquidation sales coming to a close

Steve Carmody — Tue, 19 Apr 2011 05:01:01 +0000

The company handling the liquidation sales at more than 200 Borders bookstores says most of those stores will close by this weekend. The liquidation sales have already been completed at many of the stores, including one in Ann Arbor.

Rick Kaye is a spokesman for Hilco Merchant Services, the company handling the liquidation sales.