News
IVANHOÉ CAMBRIDGE'S $360M BUY
November 19, 2012
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| Speaking of foreign money investing in NYC, Montreal-based Ivanhoé Cambridge just announced that it acquired a 49.9% interest in the 40-story, 1.2M SF 1411 Broadway for $360M. The JV with The Swig Co includes a managing interest for the firm, and the partners will both put significant capital toward the building's physical improvement, energy efficiency, and tenant amenities. |
