Urdang sells NY office for $13.4m profit
Private Equity Real Estate reports: Urdang has sold the 320,000-square-foot Parker Corporate Center in New York’s White Plains area for $82 million – a profit of $13.4 million in two years.
The private equity real estate arm of BNY Mellon Asset Management originally acquired the office property in a joint venture with real estate investment firm Onyx Equities in November 2006 for $68.6 million, according to data from Real Capital Analytics.
View the full article on Private Equity Real Estate: Urdang sells NY office for $13.4m profit
Posted by: Nina Turner