DWS Acquires Office At 222 Broadway In Financial District For $150M

The property involved in this transaction is an office located at 222 Broadway in the Financial District of Manhattan. The sale occurred on 04/18/2024, with DWS acquiring the property from GFP & TPG Capital for $150,000,000. The office spans 777,570 square feet with a price per square foot of $193.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $150,000,000
• Buyer: DWS
• Seller: GFP & TPG Capital
• Brokers: Adam Spies, Joshua King, Adam Doneger, Rachel Humphrey, and Meaghan Philbin from Newmark
• Address: 222 Broadway
• Market: Financial District, Manhattan
• Square Footage: 777,570
• Price per Square Foot: $193

The transaction was facilitated by brokers Adam Spies, Joshua King, Adam Doneger, Rachel Humphrey, and Meaghan Philbin from Newmark, who played a crucial role in connecting the buyer and the sellers, ensuring a successful completion of the deal.