SJP Properties and longtime partner Prudential Financial bought the Midtown South office building at 470 Park Avenue South for $245 million. “The location of 470 Park Avenue South has become one of the most desirable neighborhoods in Manhattan for a diverse cross-section of companies,” SJP CEO Steven Pozycki said in a statement, Commercial Observer reported. The sellers are the Norwegian sovereign wealth fund Norges Bank Real Estate and Nuveen, the subsidiary of TIAA formerly known […]
source https://therealdeal.com/2018/12/19/sjp-and-prudential-buy-470-park-ave-south-for-245m/
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