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Gural Family's Northwind Group Acquires 7 Hanover Square Office Building For $310M

7 Hanover Square
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This Office property located in NY was sold for $585,000,000 almost 5 years ago. The brokers of the deal were Joshua (Josh) King, Gideon Gil, Douglas (Doug) Harmon, Adam Spies, Adam Doneger, and Kevin Donner

The office building located at 7 Hanover Square in Manhattan has been sold for a price of $310,000,000. The property spans an area of 915,000 square feet and was sold at a rate of $339 per square foot. The transaction was completed on January 15, 2018.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $310,000,000
  • Address: 7 Hanover Square, New York
  • Market: Manhattan

The seller of the property was Guardian Life Insurance, while the buyer was the Gural family, specifically Jeffrey Gural and Ran Eliasaf's Northwind Group. The brokerage firm Cushman & Wakefield, represented by Adam Spies and Douglas Harmon, facilitated the transaction.

Please note that the transaction was scheduled to close, according to the provided information.

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Deals
  • Location
    7 Hanover Square, New York, NY 10004, USA7 Hanover Square, New York, NY 10004, USA
  • Sale Price
    $585,000,000$585,000,000
    $337 PPSF$337 PPSF
  • Area
    1,733,379 SF1,733,379 SF
  • Asset Type
    OfficeOffice
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Kevin Donner

Kevin Donner

Deals36
Financed$7.8B

Joshua (Josh) King

Joshua (Josh) King

Deals56
Financed$10.2B

Gideon Gil

Gideon Gil

Deals34
Financed$5.5B

Douglas (Doug) Harmon

Douglas (Doug) Harmon

Deals80
Financed$22.4B

Adam Spies

Adam Spies

Deals146
Financed$30.2B

Adam Doneger

Adam Doneger

Deals93
Financed$20.9B

Agencies

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Deal Summary

IMAGE: Ran Eliasaf and Jeff Gural DATE: 1/15/18 ADDRESS: 7 Hanover Square CITY: New York MARKET: Manhattan ASSET TYPE: Office PRICE: $310,000,000 SF: 915,000 sf PPSF: $339 SELLER: Guardian Life Insurance BUYER: Gural family – Jeffrey Gural and Ran Eliasaf’s Northwind Group BROKER: Cushman & Wakefield’s Adam Spies and Douglas Harmon NOTE: Scheduled to close […]

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7 Hanover Square

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