360 Lexington Avenue, New York City
NEW YORK – Real estate investment manager, Savanna has acquired 360 Lexington Avenue in Midtown Manhattan for $180 million. The New York City-based firm financed the transaction with a $126 million loan provided by Barclays.
The 268,383-square-foot office tower is located in the growing Grand Central submarket, on the northwest corner of Lexington Avenue and East 40th Street. Situated two blocks from Grand Central Terminal with transportation access to ten subway lines, the property is positioned in close proximity to numerous retail and dining options, as well as local institutions such as the New York Public Library and Bryant Park.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
