Tenants include the American Tax Institute, Preferred Hotels, Giga Information and several theatrical organizations. The Trattoria Dell'Art restaurant, Federal Express and Salon Ziba are among the retail tenants.
Steven Kohn, president of Sonnenblick-Goldman Co., which acted as exclusive advisor to the property's owners, says, "The combination of low financing interest rates and an abundance of active lends for premium office properties has generated attractive opportunities due to the high quality of the asset and its prize location," adding that the building attracted interest from a "myriad of financial institutions." The financing was finalized in 45 days, he notes.
Sonnenblick-Goldman, headquartered here, is a real estate investment banking firm with operations in other US cities, Hong Kong, Sydney and Tokyo.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
