Transactions - AUGUST 28, 2015

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Recent commercial real estate transactions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. The largest transactions were both in Manhattan.

Element Times Square West, a hospitality property, was acquired by Ascott Residence Trust from Magna Hospitality Group and Greenfield Partners for $163.5 million.

And up the street, the office building located at 416 W. 52nd St., the former St. Vincent I building, was purchased by Gaia Real Estate Holdings from Tessler Developments and Chetrit Group. The sales price was $156.5 million.


Buyer Seller

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