Kaufman Investments And Two Sigma Acquire Madison Square Collection Portfolio From Savanna For $125M

The property asset involved in the transaction is the Madison Square Collection Portfolio, located at 24-28 West 25th Street and 48 West 25th Street in the Flatiron District. The total sale price for the asset was $125,000,000, encompassing 260,000 square feet, which reflects a price per square foot of $481.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $125,000,000
• Square Footage: 260,000
• Price per Square Foot: $481
• Buyer: Kaufman Investments - Mike Kazmierski & Two Sigma
• Seller: Savanna
• Advisors: Gary Phillips, Will Silverman, Jeff Organisciak & Carly Shoulberg - Eastdil Secured
• Market: Flatiron District

This transaction involved significant players in the real estate sector, with Kaufman Investments and Two Sigma as the buyers represented by Mike Kazmierski. The seller, Savanna, was advised by a team from Eastdil Secured, including Gary Phillips, Will Silverman, Jeff Organisciak, and Carly Shoulberg, highlighting the collaborative nature of the deal.