Invesco Acquires Office Property In Manhattan For $235M
New York
See Similar DealsInvesco Acquires Office Property In Manhattan For $235M
80 Broad St, New York, NY 10004, USA
See Similar DealsSummary
The office property located at 80 Broad Street in Manhattan, New York has been sold in a closed transaction. The transaction took place on November 15, 2017, at a sale price of $235,000,000. The property has a total area of 425,000 square feet, resulting in a price per square foot of $550. The property is situated in the prime market of Manhattan, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $235,000,000
- Address: 80 Broad Street, New York
- Market: Manhattan
- Square Footage: 425,000
- Price per Square Foot: $550
The seller of the property was Raymond Chalmé and Daniel Blanco's Broad Street Development, while the buyer was @invescous. Representing the parties in the deal was the broker @cushwake. The transaction generated significant interest, with 95% of the property's ownership being acquired.
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