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QIA Acquires Office Building In Midtown Manhattan For $91M

Property Image
SOLD
$91,000,000

New York

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Office103,000 SF
Sold 11/30/2020
the dealdetailscomps
Property Image
SOLD

QIA Acquires Office Building In Midtown Manhattan For $91M

809 1st Avenue, New York, NY 10017, USA

See Similar Deals
Office103,000 SF
Sold 11/30/2020

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$883
Total Square Footage:103,000 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: Mansoor bin Ebrahim Al Mahmoud, Allan Goodman & Tamim bin Hamad Al Thani ADDRESS: 809 First Avenue MARKET: Midtown ASSET TYPE: Office PRICE: $91,000,000 SF: 103,000 / PPSF: $883 BUYER: QIA SELLER: Institute of International Education

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