Columbia Property Trust has found a buyer for its nearly 400,000-square-foot Midtown building entirely leased to NYU Langone Medical Center. Commerz Real, the asset-management subsidiary of Germany-based Commerzbank, is set to acquire the 25-story property at 222 East 41st Street for about $330 million, or $850 per square foot, sources told The Real Deal. Prior to law firm Jones Day vacating in 2016, the Atlanta-based real estate investment trust signed NYU Langone to a 30-year, […]
source https://therealdeal.com/2018/04/30/commerzbank-arm-snagging-nyu-langone-building-for-330m/
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