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461 Dean Street
SOLD

Principal Global Investors Acquires @461Dean Mixed-Use Asset In Prospect Heights, Brooklyn For $156M

461 Dean Street

Mixed-use
3,332,800 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
Mixed-use
3,332,800 sqft

A mixed-use property located at 461 Dean in Prospect Heights, Brooklyn, New York, has been sold for a price of $156,000,000. The property spans a total area of 333,280 square feet and has a price per square foot of $468.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $156,000,000
  • Seller: @ForestCityREIT – David LaRue
  • Buyer: Principal Global Investors – Kyle Elfers
  • Broker: @CBRE's Darcy Stacom

The sale of this property was made possible through the efforts of Darcy Stacom from CBRE, who represented the seller, David LaRue of Forest City REIT. On the buyer's side, Kyle Elfers of Principal Global Investors was involved in the transaction. The property's seller, Forest City, also has a modular development arm called FC Modular, which played a role in the property's development process.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Darcy Stacom's profile picture
Darcy Stacom
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Chairman
$8.2B Sold

Details

Deal Summary
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SOLD
IMAGE: Kyle Elfers and David LaRue DATE: 03/28/2018 ADDRESS: @461Dean CITY: New York MARKET: Prospect Heights, Brooklyn ASSET TYPE: Mixed-Use PRICE: $156,000,000 SF: 333,280 sf PPSF: $468 SELLER: @ForestCityREIT – David LaRue BUYER: Principal Global Investors – Kyle Elfers BROKER: @CBRE‘s Darcy Stacom NOTE: FC Modular, Forest City’s Modular development arm was responsible for the […]

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Address461 Dean Street

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