Savanna Acquires Berkeley Building In Manhattan For $195M With Colliers As The Broker

The Berkeley Building, located at 19-25 W 44th Street in Manhattan, New York, was recently sold for a price of $195,000,000. The office building spans a total area of 293,000 square feet, resulting in a per square foot price of $660.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $195,000,000
• Building Name: Berkeley Building
• Address: 19-25 W 44th Street
• City: New York
• Market: Manhattan
• Square Footage: 293,000
• Square Footage Price: $660

The seller of the Berkeley Building was Deka Immobilien, while the buyer was Savanna. The deal was facilitated by Richard Baxter and Robert Stamm of Colliers International.

It is worth noting that Deka Immobilien acquired the property from SLGreen in 2010 for $123.2 million.