 In 2007, it was reported that the GAR Building had been sold to Olympia Development, an arm of Ilitch Holdings, Inc. for a price of $220,500.Olympia Development expected to renovate the building at a cost of $2 million, but the purchase of the GAR by the Ilitch family was later rescinded.In 2011, the property was then sold to Mindfield USA, a Detroit-based media company, for $220,000.