Columbia University Acquires Industrial Property In Manhattanville For $84M

Located in Manhattanville, the industrial property at 2290-2316 & 2328 12th Avenue has been sold. The transaction took place on December 30, 2021. The property spans a total area of 109,327 square feet and has a building square footage of 219,000. The sale price for this transaction was $84,000,000, resulting in a price per square foot of $768 and a price per building square foot of $384. The buyer of the property is Columbia University, represented by Aaron Weaver. The seller of the property is The Glickberg Family. Eric Roth, Robert Shapiro, Adam Spies, Tyler Signora, and Harry James from Cushman & Wakefield acted as the seller's representatives in the deal.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $84,000,000
• Address: 2290-2316 & 2328 12th Avenue
• Market: Manhattanville
• Buyer: Columbia University - Aaron Weaver
• Seller: The Glickberg Family
• Seller's Representatives: Eric Roth, Robert Shapiro, Adam Spies, Tyler Signora, and Harry James - Cushman & Wakefield
• Square Footage: 109,327
• Price per Square Foot: $768
• Building Square Footage: 219,000
• Price per Building Square Foot: $384

This transaction involved Columbia University as the buyer, represented by Aaron Weaver. On the other hand, The Glickberg Family served as the seller of the industrial property located at 2290-2316 & 2328 12th Avenue in Manhattanville. The seller's representatives in this deal were Eric Roth, Robert Shapiro, Adam Spies, Tyler Signora, and Harry James from Cushman & Wakefield.