QIA Acquires Office Building In Midtown Manhattan For $91M

Mansoor bin Ebrahim Al Mahmoud, Allan Goodman, and Tamim bin Hamad Al Thani have closed a transaction for an office property located at 809 First Avenue in Midtown. The property spans 103,000 square feet and was sold for a price of $91,000,000, with a price per square foot of $883. The seller in this transaction was the Institute of International Education, while the buyer was the QIA.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $91,000,000
• Address: 809 First Avenue
• Market: Midtown
• Square Footage: 103,000
• Price per Square Foot: $883
• Buyer: QIA
• Seller: Institute of International Education

The involvement of Mansoor bin Ebrahim Al Mahmoud, Allan Goodman, and Tamim bin Hamad Al Thani is noteworthy in this transaction. They played key roles as representatives from their respective agencies in the deal.