Mar
13
Columbia Property Trust Grows Footprint in NYC
ByThe company has agreed to purchase 149 Madison Ave., a 127,000-square-foot office building in Manhattan.
New York—Columbia Property Trust Inc., of Atlanta, has agreed to purchase 149 Madison Ave., a 127,000-square-foot office building in Manhattan, the REIT announced late last week. The move follows an extensive program of asset sales by Columbia.
Neither the price nor the seller of the 1916 building were disclosed, but information provided to Commercial Property Executive by Yardi Matrix indicates that the owner is Abramson Brothers, of Manhattan…
