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Transactions - MAY 8, 2015

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transactions were two office deals in New York City.

The 1.2 million-square-foot Helmsley Building sold for $1.2 billion to RXR Realty. The sellers were Invesco Real Estate, South Korea’s National Pension Service and Monday Properties. The acquisition was reported in January.

And Shorenstein Properties completed its purchase of the office located at1407 Broadway for $330 million from Lightstone Group, Lightstone Value Plus and Abraham Kamber & Co.

 

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