Sales Deals of the Week: Bloomberg Drops Big Money on Little Office
The top five sales across the country from June 3 to June 7
By The Editors June 10, 2024 6:00 am
reprints![Sales deal sheet](https://commercialobserver.com/wp-content/uploads/sites/3/2024/02/Sales_1.png?w=510)
Transactions in the last week barely peaked about the triple digits on the national level, but not if you count former Mayor Michael Bloomberg’s recent purchase of the nearly 100,000-square-foot 980 Madison Avenue under Bloomberg Philanthropies. Aby Rosen’s RFR Holdings sold that for $560 million. The second-largest deal happened in Florida with Miami-Dade County’s $182 million purchase of Flagler Corporate Center.
Amount | Address | Buyer | Seller | Brokers | Asset |
---|---|---|---|---|---|
$560 million | 980 Madison Avenue; Manhattan | Bloomberg Philanthropies | RFR Holdings | N/A | Office |
$182 million | 9250 West Flagler Street; Miami | Miami-Dade County | Abraham Hoffman | N/A | Office |
$100 million | 101 Franklin Street; Manhattan | TPG, Skylight Real Estate Partners and Cannon Hill Capital Partners | Columbia Property Trust | Newmark's Adam Spies, Adam Doneger, Douglas Harmon, Marcella Fasulo and Josh King | Office |
$86.4 million | 4200 Forbes Boulevard; Lanham, Md. | DSC Partners and Harbert Management | Beco | N/A | Industrial |
$65 million | 95 Madison Avenue; Manhattan | Sunlight Development | The Sklar family | N/A | Office |
Sales Deals of the Week reflect deals closed or announced from June 3 to June 10. Information on sales can be sent to editorial@commercialobserver.com.