RFR Realty Acquires Office Building In Midtown Manhattan For $350M
SOLD
New Jersey
See Similar DealsOffice2,930,000 SF
Sold 07/31/2017
SOLD
RFR Realty Acquires Office Building In Midtown Manhattan For $350M
19 W 44th St #25, New York, Ny 10036, Usa
See Similar DealsOffice2,930,000 SF
Sold 07/31/2017
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,930,000 SF
Transaction Type:Sale
The office building located at 522 Fifth Avenue in Midtown has been sold for a price of $350,000,000. The property spans 575,000 square feet, resulting in a price per square foot of $608. The transaction took place on March 17, 2020. The buyer of the property is RFR Realty, while the seller is Morgan Stanley.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $350,000,000
- Square Footage: 575,000
- Price per Square Foot: $608
- Market: Midtown
RFR Realty, a prominent real estate firm, has acquired the office building at 522 Fifth Avenue in Midtown. On the other hand, Morgan Stanley acted as the seller in this transaction.
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