New York University has acquired 3 MetroTech Center, a 10-story Class A office building in Downtown Brooklyn, from JPMorgan for $122M.
The building, part of the 16-acre, 5M SF MetroTech Center office park and educational hub, is next door to NYU's Tandon School of Engineering at 5 MetroTech Center. JPMorgan vacated 3 MetroTech Center in 2020.
The building acquired by NYU is the third in the mammoth MetroTech complex, built in 1992 by Forest City Ratner Companies, to trade in recent months.
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