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The Myers Container Industrial Building totals 181,262 square feet on approximately 15 acres and was recently purchased for $11.2 million by a JV of Specht Company and owner/operators of Myers Container.
After a long negotiation, both parties reached a successful agreement, allowing AACOG the ability to be flexible in accommodating its and client needs, and resulting a good addition to the tenant mix.
WindMass Capital recently purchased The Edison, motivated by Pacific Team Management's potential pricing considerations, which were achieved because of the potential upside of the asset.
Luxury developer SHVO in a joint venture with Deutsche Finance America and BLG Capital has secured a $545 million loan to finance the redevelopment of 711 Fifth Ave. in Midtown.
Jay Hennick, Global chairman and CEO of Colliers International, says, "The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth."