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Clarion Partners Buys Blackstone and EQ Office’s Building for $282M

The Bryant Park office and retail asset had been repositioned with $30 million in improvements.

114 W. 41st St. 114 W. 41st St.

Blackstone and EQ Office sold their 22-story office and retail property located at 114 W. 41st St. to Clarion Partners for $282 million.

The 349,274-square foot building, often referenced as 114W41, had been repositioned into a mixed-use asset. Approximately $30 million in renovations updated the structure, creating a dual-entrance lobby and tenant-only amenities area.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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