360 Lexington Avenue, NewYork City
NEW YORK – Real estate investment manager, Savanna has acquired360 Lexington Avenue in Midtown Manhattan for $180 million. The NewYork City-based firm financed the transaction with a $126 millionloan provided by Barclays.
The 268,383-square-foot office tower is located in the growingGrand Central submarket, on the northwest corner of LexingtonAvenue and East 40th Street. Situated two blocks fromGrand Central Terminal with transportation access to ten subwaylines, the property is positioned in close proximity to numerousretail and dining options, as well as local institutions such asthe New York Public Library and Bryant Park.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
