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605 Third Avenue Targets $425M Valuation as JPMorgan Markets 49% Stake
JPMorgan Asset Management is seeking a buyer for its 49 percent interest in 605 Third Avenue, as Fisher Brothers prepares to bring a new minority investor into the Midtown Manhattan office tower. According to The Real Deal, the offering is targeting a property valuation of approximately $425 million. Fisher Brothers plans to maintain majority ownership and work with the new investor on a strategic repositioning of the property. No buyer or completed transaction has yet been a
ARCFE U.S.
2 days ago3 min read
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