Takenaka Acquires Office Asset From Nippon Club In Manhattan For $30 Million

The property asset involved in the transaction is located at 145 West 57th Street in Manhattan. It is categorized as an office asset with a total square footage of 72,000. The transaction was executed for a sale price of $30,000,000, translating to a price per square foot of $417.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $30,000,000
• Address: 145 West 57th Street
• Market: Manhattan
• Square Footage: 72,000
• Price Per Square Foot: $417
• Buyer: Takenaka
• Seller: Nippon Club
• Broker Representatives: Brett Siegel & Evan Layne - Newmark

Brett Siegel and Evan Layne represented the brokerage firm Newmark in this transaction. The involvement of Takenaka as the buyer and Nippon Club as the seller highlights the key players on either side of this deal.