Monday 23 December 2019

McDonald’s sells Midtown retail building for $35M

McDonald’s parted with a three-story retail building it had owned in Midtown Manhattan for decades. The fast-food giant sold the nearly 5,800-square-foot building at 429 Seventh Avenue for $35 million, property records filed with the city on Friday show. McDonald’s didn’t immediately return a request for comment. The buyer was Buvet Fee Owner LLC, whose authorized representative is Michele Gagnon, according to records. The deal works out to just over $6,000 per square foot. The



source https://therealdeal.com/2019/12/23/mcdonalds-sells-midtown-retail-building-for-35m/

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