Transactions reported this week included a property in New York City.
HNA Group has sold the office property located at 1180 Avenue of the Americas in Midtown for $305 million to Northwood Investors. The 22-story, 384,000-square-foot property was part of the Chinese conglomerate’s efforts of divesting its U.S. assets, specifically in New York, Chicago, San Francisco and Minneapolis valued at a total of $4 billion.
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