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30-30 47th Avenue
SOLD

Partners Group Acquires @TheFactoryLIC Office & Retail Property In LIC For $400M

30-30 47th Avenue

Office
1,119,600 SF
clock iconSold 1 year ago
Dustin Stolly
Douglas (Doug) Harmon
Adam Spies
+ 4
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Summary

Sale
NEW YORK
Office
1,119,600 sqft

The property known as @TheFactoryLIC, located at 30-30 47th Avenue in New York's LIC market, has been sold in a closed transaction. The property consists of office and retail space and spans 150,000 square feet. The sale price for this asset was $400,000,000, resulting in a price per square foot of $2,666.

Summary of transaction details

  • Property Type: Office & Retail
  • Transaction Amount: $400,000,000
  • Address: 30-30 47th Avenue, New York
  • Market: LIC

The seller of the property was Square Mile Capital, represented by Craig H. Solomon. The buyer, Partners Group, was represented by André Frei and Christoph Rubeli.

Players

  • All

    8

  • Agents

    6

  • Agencies

    1

  • Lenders

    1

Dustin Stolly's profile picture
Dustin Stolly
Newmark-image
Co-President, Debt & Structured Finance
$5.1B Sold

Details

Deal Summary
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SOLD
IMAGE: Craig H. Solomon, Adam Spies, Doug Harmon, Adam Doneger, André Frei and Christoph Rubeli DATE: 04/18/2018 PROPERTY: @TheFactoryLIC ADDRESS: 30-30 47th Avenue CITY: New York MARKET: LIC ASSET TYPE: Office & Retail PRICE: $400,000,000 SF: 150,000 PPSF: $2,666 SELLER: Square Mile Capital – Craig H. Solomon BUYER: Partners Group – André Frei and Christoph […]

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Address30-30 47th Avenue

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