Porven Real Estate Acquires Office Building In Manhattan For $42.5M

Deborah Harmon and Silvestre Segarra Segarra have closed a transaction for an office property located at 204 5th Avenue in Manhattan, New York. The property spans 14,538 square feet and was sold for a price of $42,500,000, resulting in a price per square foot of $2,923.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $42,500,000
• Address: 204 5th Avenue, New York
• Market: Manhattan
• Seller: Artemis Partners - Deborah Harmon
• Buyer: Porven Real Estate (a subsidiary of Porcelanosa) - @porcelanosa_usa CEO Silvestre Segarra Segarra

Porven Real Estate, a subsidiary of Porcelanosa, acquired the office property from Artemis Partners, represented by Deborah Harmon. Silvestre Segarra Segarra, the CEO of Porcelanosa, played a key role in the transaction as the buyer's representative.