Cannon Hill Capital Partners And Global Holdings Acquire Mixed-Use Asset From Invesco For $200 Million

The property asset involved in this transaction is located at 888 Broadway within the Flatiron District. It encompasses a mixed-use development and has a total square footage of 222,222. The sale price of the property was $200,000,000, resulting in a price per square foot of $900.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $200,000,000
• Address: 888 Broadway
• Market: Flatiron District
• Square Footage: 222,222
• Price per Square Foot: $900
• Buyer: Cannon Hill Capital Partners & Global Holdings
• Seller: Invesco
• Brokerage: Newmark
• Brokers Involved: Adam Spies, Adam Doneger, Avery Silverstein, Joshua King, Marcella Fasulo & Meaghan Philbin

This transaction involved Cannon Hill Capital Partners and Global Holdings as the buyers, with Invesco as the seller. The deal was facilitated by a team of brokers from Newmark, comprising Adam Spies, Adam Doneger, Avery Silverstein, Joshua King, Marcella Fasulo, and Meaghan Philbin.