Search
 
News

DUMBO Heights Partner Gets Bought Out

NEW YORK CITY—Invesco Real Estate’s stake in the 1.2-million-square-foot mixed use complex was sold to Kushner, LIVWRK and RFR.

Jared Kushner Jared Kushner’s former firm, Kushner Cos., and several partners bought out a DUMBO Heights investor.

NEW YORK CITY—Kushner Cos., LIVWRK and RFR have purchased joint venture partner Invesco Real Estate’s stake in DUMBO Heights, a 1.2-million-square-foot mixed-use campus in Brooklyn.

“DUMBO Heights provides one of the premier innovation economy work environments anywhere in the region, and we’re fully committed to it for the long haul,” says Laurent Morali, president of Kushner Cos. “From day one, this project has been about raising the bar for an urban office campus, and we couldn’t have achieved that without Invesco Real Estate’s partnership.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.