Part of the fabric and history of downtown Lansing, the Farnum Building was sold today to The Boji Group.

The building was built in 1960 and originally named the Stoddard Building, after Michigan National Bank founder, Howard J. Stoddard.

Considering its history and how significantly the building contributes to the Lansing Downtown Historic District, the State Historic Preservation Office has recommended it for a historical building designation.

The building is 92,000 square feet and connected to the Boji Tower with a tunnel that runs under Allegan Street.

“There is a great deal of potential for this building, and it’s been an important part of the history of downtown Lansing” Ron Boji, President of the Boji Group said. “We’re looking forward to working with the city of Lansing to put the property into productive reuse as quickly as possible, helping attract, and retain, companies and employees to downtown.”

The 10-story building features a penthouse and is expected to remain largely executive office space.