HWE sells REIT's incomplete interest in the Class-A place of business situated at 55 West 46th Street

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HWE sells REIT's incomplete interest in the Class-A place of business situated at 55 West 46th Street

Hodges Ward Elliott Finalizes Sale of SL Green Stake in Tower 46

HWE sells REIT's incomplete interest in the Class-A place of business situated at 55 West 46th Street

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Blemish 12, 2021, 08:41 ET

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NEW YORK, March 12, 2021/PRNewswire/ - Hodges Ward Elliott ("HWE") has orchestrated the offer of SL Green's 25% premium in its business apartment suite units situated at 55 West 46th Street, otherwise called Tower 46. A Brookfield Asset Management land store is the buyer at a gross valuation of $275 million. Pinnacle 46 is a Class-An office property in Midtown Manhattan. 바카라사이트The interest sold aggregates roughly 320,000 rentable square feet, just as stopping and convenience space.

A HWE group made out of Managing Directors Paul Gillen, Anthony Ledesma, and Daniel Parker, and Kyle van Buitenen, Senior Vice President, addressed SL Green in the exchange.

"It was extraordinary working with both SL Green and Brookfield," noted Gillen. "Notwithstanding Covid-related difficulties, we had the option to run an exhaustive cycle which brought about a deal with a solid purchaser and cost. It is clear there stays a plenitude of liquidity for quality New York City office item."

SL Green previously obtained the business apartment suite units at Tower 46, comprising of office floors 2, 22-34, a retail location on 46th road and the structure's parking structure and wellness focus, in 2014. The all around found Tower 46 is viewed as one of the 온라인카지노superior recently built office towers in Midtown Manhattan and inside strolling distance of Grand Central Terminal, Rockefeller Center, and Bryant Park.

About Hodges Ward Elliott:

Hodges Ward Elliott ("HWE") is the chief shop land capital business sectors counsel, enabled to convey uncommon outcomes across a wide range of business lines and item types. HWE's multi-restrained stage incorporates business, lodging and obligation capital business sectors groups, with workplaces in Atlanta, Chicago, Dallas, Los Angeles, New York, Miami, Washington 카지노사이트D.C., and London. As a secretly held organization, HWE is committed to developing long haul customer connections and invests wholeheartedly in the standing and history set up over its 46-year history. HWE has shut more than $70 billion of exchanges, including $29 billion since 2015. For more data, kindly visit https://hodgeswardelliott.com/

Contact: Great Ink – 908-392-0333, Tom Nolan (305065@email4pr.com)

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