Williams Equities Acquires Office Building At 470 Park Avenue South For $147.5 Million
New York
See Similar DealsWilliams Equities Acquires Office Building At 470 Park Avenue South For $147.5 Million
470 Park Avenue South
See Similar DealsSummary
The asset involved in this transaction is an office property located at 470 Park Avenue South in the Midtown South market. The sale price for the property was $147,500,000, encompassing a total square footage of 299,888, resulting in a price per square foot of $491.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $147,500,000
- Address: 470 Park Avenue South
- Market: Midtown South
- Square Footage: 299,888
- Price per Square Foot: $491
- Buyer: Williams Equities
- Seller: PGIM & SJP
- Representatives: Will Silverman, Gary Phillips, Jeff Organisciak & Alana Bassen - Eastdil Secured
The key individuals and companies involved in this transaction were Williams Equities as the buyer, and PGIM & SJP as the sellers. The transaction was represented by brokers Will Silverman, Gary Phillips, Jeff Organisciak, and Alana Bassen from Eastdil Secured.
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