Normandy Real Estate Partners Acquires 150,000 SF Midtown Property For $88M

The property located at 320 West 31st Street in Midtown was sold in a closed transaction. The buyer, Normandy Real Estate Partners, acquired the property from the sellers, Onyx Equities and GMF Capital, for a total price of $88,000,000. The property spans a total area of 150,000 square feet, resulting in a price per square foot of $586.

Summary of transaction details

• Property Type: Not specified
• Transaction Amount: $88,000,000
• SF: 150,000
• PPSF: $586
• Address: 320 West 31st Street, Midtown
• Market: Midtown
• Buyer: Normandy Real Estate Partners
• Seller: Onyx Equities & GMF Capital
• Brokers: Gary Phillips, Will Silverman, and Bruer Kershner @EastdilSecured

The transaction was facilitated by the brokers Gary Phillips, Will Silverman, and Bruer Kershner from EastdilSecured. They represented the relevant parties involved in the deal. Further details about the nature of the transaction or any additional information are not provided.