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51 West 52nd Street
SOLD

Harbor Group International Acquires Office Building In Midtown Manhattan For $760M

51 West 52nd Street

Office
817,095 SF
clock iconSold 1 year ago
William (Bill) Shanahan
Doug Middleton
Darcy Stacom
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Summary

Sale
NEW YORK
Office
817,095 sqft

Harbor Group International has purchased the office property located at 51 West 52nd Street in Midtown Manhattan for a price of $760,000,000. The property, previously owned by ViacomCBS, spans a significant square footage and is situated in a prime location within the Midtown Manhattan market.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $760,000,000
  • Date: 08/16/2021
  • Address: 51 West 52nd Street
  • Market: Midtown Manhattan

The buyer representatives for this transaction were Jordan Slone and Richard Litton from Harbor Group International. On the other hand, the seller representatives were Robert M. Bakish and Naveen Chopra from ViacomCBS. The deal was facilitated by Darcy Stacom, Bill Shanahan, and Doug Middleton from CBRE.

It is worth noting that as part of the deal, ViacomCBS will retain a portion of the building and continue leasing it for their own office space. This is significant as ViacomCBS has owned and operated from this iconic building known as "Black Rock" since the 1960s.

Players

  • All

    5

  • Agents

    3

  • Agencies

    1

  • Lenders

    1

William (Bill) Shanahan's profile picture
William (Bill) Shanahan
CBRE-image
Chairman
$6.3B Sold
Darcy Stacom's profile picture

Details

Deal Summary
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SOLD
IMAGE: Naveen Chopra, Robert M. Bakish, Jordan Slone & Richard Litton DATE: 08/16/2021 ADDRESS: 51 West 52nd Street MARKET: Midtown Manhattan ASSET TYPE: Office BUYER: Harbor Group International - Jordan Slone & Richard Litton SELLER: ViacomCBS 🎥 🍿 ⚽️ 🎭 - Robert M. Bakish & Naveen Chopra BROKERS: Darcy Stacom, Bill Shanahan, Doug Middleton @CBRE PRICE: $760,000,000 NOTE: ViacomCBS will lease back a portion of the building to keep it’s offices at “Black Rock” which it has owned and occupied since the 1960s.

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Address51 West 52nd Street

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