SECAUCUS, NJ-The 250,000-square-foot Harmon Meadow officeoccupied by Ernst & Young has been sold to Gaia RealEstate Investments and its partners for the deal,Phoenix Insurance and Menora MivtachimInsurance, GlobeSt.com has exclusively learned
Gaia executives said the purchase reflects the company'sstrategy of buying office buildings in “the first ring around NYC.”Managing partners Amir Yerushalmi and Danny Fishman did notdisclose the purchase price; however, GlobeSt.com has learned itwas approximately $56 million.
CBRE orchestrated the sale of the building forHartz Mountain Industries, which had completelyrenovated it for E&Y in 2008, when the tax specialty firmsigned a 15-year lease.
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