GLL REAL ESTATE PARTNERS BUYS 369-SPACE GARAGE IN NYC

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NEW YORK CITY — GLL Real Estate Partners (GLL) has closed on its purchase of Two River Terrace, a 369-space corporate parking facility at 300 Murray St. in lower Manhattan’s Battery Park City North neighborhood. Goldman Sachs fully leases the 66,928-square-foot parking garage. The facility was completed in 2008 as part of a condominium development and is located one block west of Goldman Sach’s new 2.1 million-square-foot global headquarters. Richard Baxter, Jon Caplan, Ron Cohen and Scott Latham, executive managing directors for Jones Lang LaSalle, represented the seller in the transaction.

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