Friday, December 14, 2007

Downtown Manhattan office tower changes hands

Mitsui Fudosan America Inc. has purchased 100 William Street, a 400,000-square-foot class A office building in downtown Manhattan.

The value of the transaction was not disclosed.

The seller was a locally based partnership led by Lighthouse Real Estate Ventures, which had owned the property since 1999.

Built in 1973, the 21-story office tower is currently over 90 percent occupied. Tenants include Reuters, Interactive Data Corp., Level 3 Communications and Citibank.

New York-based Mitsui Fudosan America is a real estate investment and development company.

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source: columbusrealtors.com

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