WarnerMedia has closed on its $2.2 billion sale-leaseback deal with Related Companies at 30 Hudson Yards, the firms said Tuesday. The media giant has entered a 15-year lease with Related to take 1.5 million square feet at the 101-story tower, according to Deadline. News of the deal broke earlier this month, which initially suggested a 20-year lease. WarnerMedia made a similar play at its Columbus Circle location, where it entered a $1.3 billion sale-leaseback deal […]
source https://therealdeal.com/2019/04/24/warnermedia-closes-on-2-2b-hudson-yards-sale-leaseback/
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