NEW YORK CITY-Office building realty market is heating up asmore office towers are put up for sale. CB Ellis Investorspurchased an office space in 1540 Broadway for $355 million inMarch 2009 and is now searching for a purchaser for a 50%stake.

CB Richard Ellis' Bill Shanahan and Darcy Stacom are marketingthe property. Otera Capital had foreclosed 1330 Avenue of theAmericas for $240.1 million in 2009 and is looking for agents tomarket the property. For the full story, go to NY Post.


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