PARAMOUNT GROUP AND SHERWOOD EQUITIES ACQUIRE 440 NINTH AVENUE

by admin

NEW YORK CITY — In a joint venture, Paramount Group and Sherwood Equities have acquired 440 Ninth Avenue in Manhattan, New York City. The 18-story, 398,000-square-foot facility was purchased from SL Green Realty for an undisclosed price. Located between 34th and 35th streets, the facility is fully leased to tenants such as B & H Photo, Duane Reade and eEmerge. Paramount and Sherwood represented themselves in-house and the seller was represented by Cushman & Wakefield in the transaction.

You may also like