Savanna is buying a large office building in the Garment District for more than $400 million. The real estate private equity fund is in contract to buy 1375 Broadway from Westbrook Partners for about $430 million, sources told The Real Deal. Cushman & Wakefield negotiated the sale. The deal, which is set it to close shortly, will be the first large investment sale to close in 2020. It also represents a return to the 27-story
source https://therealdeal.com/2020/02/12/savanna-buying-garment-district-offices-for-430m/
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