Ruben Companies Sells One Dag Hammarskjöld Plaza Office Building In Midtown For $600M To Rockpoint Group | 885 Second Avenue | Kevin Donner, Douglas (Doug) Harmon, Adam Spies | Office | Sale

Summary

Sale

NEW YORK

Office

815,000 sqft

The Ruben Companies has sold the office building at 885 Second Avenue, located in Midtown, for a price of $600,000,000. The property has a total square footage of 815,000 and a price per square foot of $730. The buyer of the property is Rockpoint Group.

Summary of transaction details

Property Type: Office
Transaction Amount: $600,000,000
Square Footage: 815,000
Price per Square Foot: $730
Address: 885 Second Avenue (One Dag Hammarskjöld Plaza)
Market: Midtown

Cushman & Wakefield, represented by Douglas Harmon, Adam Spies, and Kevin Donner, facilitated the sale of the property.

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Players

All
4

Agents
3
Agencies
1

Kevin Donner

Executive Managing Director

$7.8B Sold

Douglas (Doug) Harmon

Co-Head of U.S. Capital Markets

$22.4B Sold

Adam Spies

Co-Head of U.S. Capital Markets

$30.9B Sold

Details

Deal Summary

SOLD

IMAGE: Adam Spies, William Walton, Keith Gelb, Douglas Harmon and Richard Ruben DATE: 09/07/2018 ADDRESS: 885 Second Avenue (One Dag Hammarskjöld Plaza) MARKET: Midtown ASSET TYPE: Office PRICE: $600,000,000 SF: 815,000 PPSF: $730 SELLER: Ruben Companies BUYER: Rockpoint Group BROKER: Cushman & Wakefield- Douglas Harmon, Adam Spies and Kevin Donner @cushwake

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Address885 Second Avenue

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