TKF Burnside Real Estate Partners Acquires 360 Hamilton Avenue Office From Cappelli Organization For $67.5M

The property involved in this transaction is an office asset located at 360 Hamilton Avenue in the White Plains market. The sale price for this property was $67,500,000, and it encompasses a total square footage of 392,000, resulting in a price per square foot of $172.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $67,500,000
• Address: 360 Hamilton Avenue
• Market: White Plains
• Square Footage: 392,000
• Price Per Square Foot: $172
• Buyer: TKF Burnside Real Estate Partners
• Seller: Cappelli Organization
• Brokers: Kevin Welsh, Charles Han, Brian Schulz, Doug Woolley & Gregory Frisoli - Newmark

Newmark served as the strategic advisor on the sale of the office property, facilitating the transaction between TKF Burnside Real Estate Partners and Cappelli Organization. The team of brokers, including Kevin Welsh, Charles Han, Brian Schulz, Doug Woolley, and Gregory Frisoli, played a key role in the deal's execution.