Japanese investor Unizo Holdings has closed its sale of a Far West Side building to Taconic Investment Partners and TH Real Estate, as part of Unizo’s continued unloading of its more than $1 billion Manhattan portfolio.
The sales price was approximately $269 million.
The 411,000-square-foot office building is located at 440 Ninth Ave. in Manhattan. TH and Taconic plan to renovate the lobby, elevator and mechanical systems.
Unizo acquired the building in 2013 for $211.5 million from a venture of Paramount Group and Sherwood Equities.
Other assets Unizo Holdings has sold include 370 Lexington Avenue to Broad Street Development, and the firm is in talks to sell 321 West 44th Street.
