Savanna buying Berkeley Building for $195M

Savanna is in contract to acquire a nearly 300,000-square-foot office property in the heart of Midtown known as the Berkeley Building for $195 million, The Real Deal has learned. The private equity firm signed a contract Monday to pay about $660 per square foot for the 16-story, 293,000-square-foot property at 19 West 44th Street, between Fifth and Sixth avenues. More than 50 investment firms toured the property in recent months, sources said. A round of […]

Source: Real Estate

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