NEW YORK CITY-Office building realty market is heating up as more office towers are put up for sale. CB Ellis Investors purchased an office space in 1540 Broadway for $355 million in March 2009 and is now searching for a purchaser for a 50% stake.
CB Richard Ellis' Bill Shanahan and Darcy Stacom are marketing the property. Otera Capital had foreclosed 1330 Avenue of the Americas for $240.1 million in 2009 and is looking for agents to market the property. For the full story, go to NY Post.
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