The asset involved in this transaction is an office property located at 225 Park Avenue South in the Manhattan market. The sale price for this property was $350,000,000. The total square footage of the asset is 700,000, resulting in a price per square foot of $500.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $350,000,000
• Address: 225 Park Avenue South
• Market: Manhattan
• Square Footage: 700,000
• Price per Square Foot: $500
• Buyer: TPG / Sagehall Partners
• Seller: Orda Management
• Buyer & Seller's Representatives: Adam Spies, Adam Doneger, Douglas Harmon, Joshua King, Avery Silverstein & Marcella Fasulo - Newmark

This transaction is representative of the collaboration between the buyer TPG / Sagehall Partners and the seller Orda Management, facilitated by a team of representatives from Newmark, including Adam Spies, Adam Doneger, Douglas Harmon, Joshua King, Avery Silverstein, and Marcella Fasulo.