Japanese Company Buys NYC Office for $468M

UNIZO Holdings purchased 685 Third Ave., a 31-story building in Midtown Manhattan, from a joint venture between TH Real Estate, an affiliate of Nuveen, and Future Fund of Australia.
A partnership of TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), and Future Fund, Australia’s sovereign wealth fund, has sold 685 Third Ave., a 31-story, 651,400-square-foot office building in Midtown Manhattan, to UNIZO Holdings Co. Ltd., of Tokyo, for a gross sale price of $467.5 million, TH announced…

Leave a Reply

You must be logged in to post a comment.