Friday 30 November 2018

SL Green invests $148M for stake in 245 Park Avenue

SL Green Realty has finalized a deal with HNA Group to buy a stake in 245 Park Avenue, investing a total of $148.2 million. The real estate investment trust announced on Friday that as part of the deal, the company will serve as the office tower’s property manager and will oversee leasing, the New York Post reported. HNA Group was represented by Eastdil Secured in the transaction. HNA bought the 1.78-million-square-foot building in 2017, paying […]



source https://therealdeal.com/2018/11/30/sl-green-invests-148m-for-stake-in-245-park-avenue/

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