Tuesday 20 March 2018

Google closes on $2.4B 75 Ninth buy, but Jamestown is sticking around

Google closed on its $2.4 billion purchase of the Chelsea Market building Tuesday, but seller Jamestown Properties is holding onto at least one important piece. The investment manager is keeping the branding rights and intellectual property of the Chelsea Market name, and is looking to open offshoot locations, the Wall Street Journal reported. Jamestown, with about $11.8 billion in assets under management, is checking out emerging neighborhoods in Europe and the United States and is […]



source https://therealdeal.com/2018/03/20/google-closes-on-2-4b-75-ninth-buy-but-jamestown-still-has-plans-for-the-chelsea-market/

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