An Ohio-based pension fund is looking to sell 590 Madison Avenue, an office tower that could pull in as much as $1.3 billion. The 43-story building, known as the IBM Building, is owned by the State Teachers Retirement System of Ohio, which purchased the remaining stake in the property three years ago, Bloomberg reported. Tech giant International Business Machines Corp. remains the building’s largest tenant, occupying about 120,000 square feet of the tower’s total 1.1 […]
source https://therealdeal.com/2018/08/14/pension-fund-seeks-to-sell-590-madison-avenue/
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