SL Green Acquires 450 Park Avenue Office In Manhattan For $445M

Located at 450 Park Avenue in Manhattan, this office property was recently sold in a closed transaction. The sale was finalized on 08/08/2022, with the buyer being SL Green, represented by Marc Holliday. The property spans 337,000 square feet, with a sale price of $445,000,000. This translates to a price per square foot of $1,320.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $445,000,000
• Address: 450 Park Avenue, Manhattan
• Market: Manhattan
• Buyer: SL Green - Marc Holliday
• Square Footage: 337,000
• Price per Square Foot: $1,320

This transaction involved SL Green, one of the prominent players in the real estate market. Marc Holliday represented SL Green as their broker in the deal. The sale of this office property is a significant milestone for both SL Green and Marc Holliday, showcasing their expertise and further bolstering their reputation in the market.