Terra Developers has completed a $28 million 500 Columbus Avenue acquisition on Manhattan’s Upper West Side, adding a mixed-use property one block from Central Park to its New York portfolio. According to Commercial Observer, longtime owner CKMR Corporation sold the five-story property to Terra Developers. The building contains approximately 35,300 square feet at the northwest corner of West 84th Street and Columbus Avenue. The transaction was financed with a $25 million loan