The portfolio, which totals 207,400 sf, are in locationsthroughout New York City, Long Island and Westchester County. Theacquisition "is consistent with our current strategy to activelyacquire real estate throughout the United States where we findcore-plus and value-add opportunities," says Greg Dryden, VP andsenior acquisitions officer of Aegon Realty Advisors, the firm'sreal estate entity.
Aegon Realty Advisors represented its own company in thetransaction. Citi Realty Services and Citi Capital Markets andBanking advised its firm, and Newmark Knight Frank brokered thedeal for Citibank.
Among Aegon's company holdings is the famous TransamericaPyramid building in San Francisco. The firm invests in a variety ofreal estate types internationally.
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