January 22, 2019

Stacom and Shanahan of CBRE rep seller in $269 million sale; Taconic Investment and TH Real Estate acquire 440 Ninth Avenue

Taconic Investment Partners LLC, a fully integrated owner, operator, and developer of commercial and residential real estate, together in partnership with TH Real Estate (an affiliate of Nuveen, the investment business of TIAA), have acquired mixed-use office and retail tower 440 Ninth Ave. The 411,000 s/f commercial building, located in the Hudson Yards neighborhood at the corner of West 35th St., was purchased for $269 million.

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