Delshah, A.M. Property buying CitySpire for $136M
Tishman Speyer and Singapore’s sovereign wealth fund are in contract to sell CitySpire, the Plaza District office tower they put up for sale in September. Delshah Capital and A.M. Property Holding Corporation agreed to buy the 70-story, 377,000-square-foot building at 156 West 56th Street from Tishman and GIC for $135.7 million, the Commercial Observer reported. The deal breaks down to $360 per square foot. Newmark’s Jordan Roeschlaub and Nick Scribani are hunting for acquisition financing for the deal, which is expected to close within 30 days. A Newmark team including Adam Spies, Adam Donegar and Doug Harmon arranged the sale. […]
This article originally appeared on The Real Deal. Click here to read the full story.
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