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Home : Vornado Completes $300 Million Financing of 7 West 34th Street and Sells a 47% Interest
Jun 03
2016

Vornado Completes $300 Million Financing of 7 West 34th Street and Sells a 47% Interest

NEW YORK, NY--(Marketwired - June 02, 2016) - VORNADO REALTY TRUST (NYSE: VNO) announced today that it has sold to sovereign wealth fund, Korea Post, a 47% interest in 7 West 34th Street, a 477,000 square foot Manhattan office building leased to Amazon, at a value of $561 million or $1,176 per square foot. Vornado will continue to own a 53% interest and continue to manage and lease the property.
Source:http://www.marketwired.com/mw/release.do?id=2131058&sourceType=3
 
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