Coca-Cola’s real estate division must be feeling flat this month. The soft-drink giant had sold its iconic building at 711 Fifth Avenue in August to Nightingale Properties and Wafra for $909 million. But last month, in an unusual twist, Wafra sold its stake in a deal valuing the property at $937 million. Coke had left tens of millions of dollars on the table. Making matters worse, the new buyer was an investment group led by
source https://therealdeal.com/2019/10/10/flipped-off-the-inside-story-of-coca-colas-botched-building-sale/
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