|
Agents / Brokers
All Areas
________
Site Links
Skyscrapers
The Tallest Office Buildings in the
World
Manhattan
Landmark & Historical NYC Office
Buildings
Manhattan Office Space
Class "A"
Office Buildings
NYC Rental Rates
Manhattan Office Space
Market
Guidelines
Office REIT's
List of the Top
Office Property REIT's
All REIT's
List of all Real
Estate
Investment Trusts
Lease Terms
Common Lease
Terminology
T.I.C.
Tenants-In-Common
Domain &
Advertising Info
Site Map ________
Related Links
|
Dubai Investors acquire major New York trophy Office
Buildings & Hotel
Istithmar, a major investment house based in the
United Arab Emirates sets records for Manhattan real estate purchases. The
Dubai-based Investment company has invested over $3 billion into six
trophy properties.
www.istithmar.ae
2005 and 2006 Istithmar acquisitions included:
- 230 Park Avenue (Helmsley Building):
$705 mil
- 280 Park Avenue: $1.2 billion
- 450 Lexington Avenue: 600 million
- 1466 Broadway: $300 million
- Mandarin Oriental: n/a
- W Union Square: 285 million
|
230 Park
Avenue, NYC |
|
 |
230 Park Avenue (Helmsley Building)
is a universally renowned landmark building in Manhattan. Rising above
Park Avenue with timeless architectural design, the Property's
exceptional visibility makes it one of the City's finest commercial
destinations. The building offers approximately1.2 million square feet
of Class "A" office space and is currently occupied by an impressive
roster of tenants. |
| Property Type: |
Class "A" Commercial |
| Location: |
United States |
| Purchase Price: |
USD 705,000,000 |
| Transaction Date: |
Nov 2005 |
| Square Ftge: |
1.2 million |
|
6 Times
Square - Knickerbocker, NYC |
|
 |
In June 2006, The 6 Times square, NY,
USA, was acquired by Istithmar with a plan to convert it into a 5-star
hotel. |
| Property Type: |
Class "A" Commercial |
| Location: |
United States |
| Purchase Price: |
USD 300,000,000 |
| Transaction Date: |
Jun 2006 |
| Square Ftge: |
250,000 |
|
280 Park
Avenue, NYC |
|
 |
A landmark office building in Midtown
Manhattan, NY, USA. Currently at 100% occupation. |
| Property Type: |
Class "A" Commercial |
| Location: |
United States |
| Purchase Price: |
USD 1,200,000,000 |
| Transaction Date: |
Jun 2006 |
| Square Ftge: |
1.2 million |
|
Resource Directory
Architectural
Office Building Design,
Architectural & Engineering Services...
Brokers
Office Brokers & Tenant Rep's...
Construction
Construction Co's, Site
Work, Construction Management...
Copiers, Fax Machines
Discounters, Corporate Sales, Office
Equipment & Supplies...
Computer Networks
Hardware Installations, Tech Support,
Network Management...
Due
Diligence
Market Reports,
Demographics, Business Analytics, Studies...
Employment
Executive Recruiting, Temporary Help...
Equipment Leasing
Furniture, Fixtures, Office Equipment...
Furnished Space
Furnished Suites & HQ, Sublets...
Insurance
Property, Casualty, Tenant Insurance...
Interior Construction
Tenant Build-out, Office Space
Sub-division...
Moving
Office, Equipment & File Moving,
Corporate Relocation & Storage
Security
Office Building Security...
Telephone
& Data
Phone Equipment, Installations &
Service...
|