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Lincoln Property Co. Acquires Office Building On West 26th Street In Chelsea For $260M

Property Image
SOLD
$260,000,000
Douglas (Doug) Harmon
Adam Spies
+ 2

New York

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Office165,000 SF
Sold 07/25/2018
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Property Image
SOLD

Lincoln Property Co. Acquires Office Building On West 26th Street In Chelsea For $260M

540 W 26th St, New York, NY 10001, USA

See Similar Deals
Office165,000 SF
Sold 07/25/2018
Douglas (Doug) Harmon
Adam Spies
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$1,575
Total Square Footage:165,000 SF
Transaction Type:Sale

The Silvermintz Family and Savanna Partners have sold a 165,000 square foot office property located at 540 West 26th Street in the Chelsea market of New York. The transaction was completed on July 25, 2018, with the property being acquired by Lincoln Property Co.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $260,000,000
  • Address: 540 West 26th Street, New York
  • Market: Chelsea
  • Square Footage: 165,000
  • Price per Square Foot: $1,575
  • Seller: The Silvermintz Family & Savanna Partners
  • Buyer: Lincoln Property Co. (@lpccommercial)
  • Broker: @CushWake's Adam Spies, Doug Harmon, Adam Doneger, and Josh King

The transaction involved key individuals and companies such as Adam Spies, Doug Harmon, Adam Doneger, and Josh King from @CushWake as the brokers representing the parties involved in the deal.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Adam Spies
Newmark
260 deals$71.4B volume(212) 841-7500
BROKER

Douglas (Doug) Harmon
Newmark
128 deals$47.3B volume
BROKER

Joshua King
Newmark
114 deals$32.5B volume(212) 850-5427
BROKER

Lincoln Property Company
BROKERAGE



Details

SOLD
IMAGE: Adam Doneger, Doug Harmon, Christopher Schlank, Adam Spies and Josh King DATE: 07/25/2018 ADDRESS: 540 West 26th Street CITY: New York MARKET: Chelsea ASSET TYPE: Office PRICE: $260,000,000 SF: 165,000 PPSF: 1575 SELLER: The Silvermintz Family & Savanna Partners BUYER: Lincoln Property Co. @lpccommercial BROKER: @CushWake’s Adam Spies, Doug Harmon, Adam Doneger and […]

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