Columbia Property Trust is in talks to join Normandy Real Estate Partners on its Greenwich Village office project. The Atlanta-based real estate investment trust is in talks to buy Ares Management’s 50-percent stake in the project at 799 Broadway, Bloomberg reported. Ares began shopping the stake earlier this year at a price that valued the project at $250 million, as The Real Deal originally reported. Normandy has plans to demolish the six-story building on the […]
source https://therealdeal.com/2018/08/14/columbia-property-trust-in-talks-to-buy-ares-managements-stake-in-greenwich-village-office-project/
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