Recent commercial real estate transactions
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.
Buyer Seller Property name Size