Transactions reported this week included the sale of two offices in New York and Washington, D.C.
TH Real Estate closed the sale of 685 Third Avenue, a 651,492-square-foot office building with ground-level retail in Midtown Manhattan, to UNIZO Holdings Co., a listed real estate company based in Tokyo. The gross sale price was $467.5 million.
A joint venture between Columbia Property Trust and Allianz Real Estate of America purchased 1800 M St., a 580,930-square-foot, recently repositioned, class A office building in Washington, D.C. The sales price was $421 million. The seller was PGIM Real Estate.
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