NEW YORK CITY-CBRE Group Inc. said Friday afternoon it had completed the $128-million sale of 551 Madison Ave., a 150,000-square-foot office property, to Cornerstone Properties. A CBRE team of vice chairmen Darcy Stacom and Bill Shanahan and SVP Paul Gillen represented seller LaSalle Investment Management.

“Clearly, 551 Madison is a fantastic boutique office building with a great location,” Stacom says in a release. “We are thrilled to have brought together two important clients to complete this sale.” 

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