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Transactions - MARCH 6, 2020

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Brookfield, Blackstone in talks to sell Manhattan office for $1b

by Andrea Zander

Brookfield Property Partners and Blackstone Group are in talks to sell One Liberty Plaza, a downtown Manhattan office skyscraper, reported Bloomberg, citing people with knowledge of the matter said.

The real estate investors are seeking around $1.6 billion to $1.7 billion for the 2.3 million-square-foot office.

A sale of the tower would probably rank among the largest New York office transactions this year.

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