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Friday, 13 April 2018

Manhattan Office Building Trading for $117Mln

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The Real Deal

The Vanbarton Group has agreed to pay $117 million, or nearly $626/sf, for the Albano office building at 305 East 46th St. in Manhattan.

The New York investor is buying the 187,000-square-foot property from Government Properties Income Trust, a Newtown, Mass.,...

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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: New York City
  • States: New York
  • Sector: Office
  • Subject: Property Acquisitions (ACQ)
  • Company: Eastdil Secured
  • Valuation: Between $100 million and $150 million
  • Private: Yes
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