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Columbia Property and Normandy Acquire 250 Church St.

The real estate firms purchased the Tribeca office building reportedly from Norvin Properties for $205 million.

250 Church St./ Image by CoStar Group 250 Church St./ Image by CoStar Group

NEW YORK CITY—Normandy Real Estate Partners and Columbia Property Trust announced they have agreed to purchase 250 Church St., a 235,000-square-foot, 16-story office building in the TriBeCa neighborhood of Manhattan. The transaction is expected to close later this year. The developers declined to disclose the seller and the amount paid.

Commercial Observer had reported that the seller was Norvin Properties and the purchase price was $205 million, which the developers neither confirmed nor denied.

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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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