Sentry Realty Acquires Office Asset At 1441 Broadway Manhattan For $240 Million

The transaction involved an office property located at 1441 Broadway in Manhattan. The asset has a total square footage of 554,000 and was sold for a total of $240,000,000, which reflects a price per square foot of $433.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $240,000,000
• Buyer: Sentry Realty
• Seller: LH Charney Associates
• Buyer's Representatives: Adam Spies - Newmark

The buyer's team comprised Shlomo Althkefati, Alen Mamrout, Joe Mamrout, Yossi Althkefati, and Kevin Chisholm, indicating a collaborative effort from Sentry Realty in this acquisition.