Ave Maria property in Ypsilanti sold (Update1)

July 15, 2008 by  
Filed under News

Ave Maria campus in Ypsilanti sold to Ann Arbor firm SchoolPictures.com.

(July 15, 2008) Skip Cerier from SchoolPictures.com, a clearing house and processor of school pictures, has completed purchase of the Ave Maria Campus in Ypsilanti. Cerier closed on the property on Monday.

Cerier says they have over 3 million pictures and provide service to some 400 schools in the region. Cerier says they have been on-line for some two years now and shot over 80 schools last year.

Terms of the deal were not disclosed.

Tom Monaghan, founder of Ave Maria College in Ypsilanti, moved the campus to Florida in 2006. Monaghan was also co-founder of Dominos Pizza and store number 1 was in Ypsilanti. With the sale of the Ave Maria property on Forest Avenue, Monaghan has just three properties remaining in Ypsilanti. They are 1208 Grant, 305 Jarvis, and 318 W Forest.

Update1 — July 30, 2008 — Earlier we reported this was last property Monaghan owned in Ypsilanti. That is not correct. Mr. Monaghan still has three properties in Ypsilanti. The error was in reporting.

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