INVESCO/KAUFMAN JV ACQUIRES NYC OFFICE PROPERTY FOR $93.5 MILLION

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NEW YORK CITY — A joint venture between Dallas-based Invesco Real Estate and New York City-based The Kaufman Organization has acquired an office property located at 100-104 Fifth Ave. in New York City for $93.5 million. The property is a 270,000-square-foot office condominium situated above the Mesa Grill. the property was purchased through a pre-petition bankruptcy auction. Woody Heller and Will Silverman of Studley represented the seller, Rock New York.

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