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

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.