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IStar Acquires 425 Park Ave Office From Nuveen For $620M

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SOLD

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Sold 08/06/2019
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Property Image
SOLD

IStar Acquires 425 Park Ave Office From Nuveen For $620M

Sold 08/06/2019
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Summary

Transaction Type:Sale

Players

BUYER


TIAA
SELLER

Nuveen
LENDER

Details

SOLD
IMAGE: Jay Sugarman & Nadir Settles DATE: 08/06/2019 ADDRESS: 425 Park Ave ASSET TYPE: Office PRICE: $620,000,000 BUYER: iStar SELLER: Nuveen (Formerly TIAA) NOTE: TIAA acquired the ground lease for $315M in 2011.

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