Olmstead Properties Acquires Office At 19 West 44th Street From Savanna Fund For $108M

The asset involved in this transaction is located at 19 West 44th Street in Midtown Manhattan. The office building encompasses a total area of 301,883 square feet. The sale was executed for a price of $108,000,000, translating to a price per square foot of $357.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $108,000,000
• Address: 19 West 44th Street
• Market: Midtown Manhattan
• Square Footage: 301,883
• Price Per Square Foot: $357
• Buyer: Olmstead Properties
• Seller: Savanna Fund

The advisors representing the transaction were Gary Phillips, Will Silverman, Jeff Organisciak, and Carly Shoulberg from Eastdil Secured. Their involvement was crucial in facilitating the deal between Olmstead Properties and Savanna Fund.