Blackstone Invests in 2 World Financial Center

NEW YORK CITY-Blackstone has completed a participating loan that accounts for a 25% interest in 2 World Financial Center.

By GlobeSt News Hub | January 17, 2012 at 01:01 AM

NEW YORK CITY-Blackstone has completed a participating loan that accounts for a 25% interest in 2 World Financial Center (WFC). Brookfield Financial owns and operates the building spanning 2.7 million square feet. The investment made by Blackstone values the building at around $800 million, which translates into $300 per square foot.

In addition to the 2 WFC investment, Blackstone owns the offices at 1411 Broadway, 717 Fifth Avenue, 1140 Ave of the Americas and 1095 Ave. of the Americas. For the full story, go to New York Post .

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