December 7, 2018

Unizo Sells Far West Side Building to Taconic and TH Real Estate for $270M

Japanese investor Unizo Holdings closed its sale of a Far West Side building to Taconic Investment Partners and TH Real Estate, as part of Unizo’s continued unloading of its more than $1 billion Manhattan portfolio, Commercial Observer has learned. The partnership of Taconic and TH bought the 18-story 440 Ninth Avenue for $269 million this week from Unizo and plans to start a capital-improvement project to update the lobby, elevator and mechanical systems, according to a spokeswoman for Taconic.

Read more on Commercial Observer

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