Columbia Property Trust Acquires 114 5th Ave New York From Allianz SE For $220 Million

The property located at 114 5th Ave, New York, NY, 10011, was sold for a transaction amount of $220,000,000.00. This asset encompasses a total square footage of 352,000 in the New York market.

Summary of transaction details:

• Property Type: Sale
• Transaction Amount: $220,000,000.00
• Address: 114 5th Ave, New York, NY, 10011
• Market: New York
• Buyer: Columbia Property Trust
• Seller: Allianz SE
• Buyer's Representative: Graham Stephens

The transaction involved key entities, with Columbia Property Trust acting as the buyer and represented by Graham Stephens. Allianz SE was the seller in this deal, facilitating the transfer of the property in the competitive New York market.