Invesco Acquires Office Property In Manhattan For $150M

The property at 430 West 15th Street in Manhattan has been sold in a closed transaction. The office building, covering an area of 100,000 square feet, was sold for a price of $150,000,000, resulting in a cost per square foot of $1,500. The transaction was completed on 04/11/2018.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $150,000,000
• Address: 430 West 15th Street
• City: New York
• Market: Manhattan
• Square Footage: 100,000 sf
• Price per Square Foot: $1,500

The seller of the property was TH Real Estate, represented by Mike Sales and Annuity Association. The buyer, @InvescoUS, was represented by Martin L. Flanagan. Will Silverman served as the broker for this transaction.