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

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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.

SEE ALSO: Marcus & Millichap Arranges $28M SoCal Multifamily Sale