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Paramount Sells $210M Stake in Manhattan Office Property — But Will Remain Majority Owner
“We are excited to announce the sale of this non-controlling interest in 900 Third. This transaction underscores the underappreciated value of our assets in the market," Albert Behler, chairman, CEO, ...
Paramount sells minority interest in 900 Third Avenue
The deal values the Midtown East office building at $210 million, more than $150 million below a previous valuation.
Paramount Group sells 45% stake in 900 Third Ave.
Paramount Group Inc. said it’s sold a 45% interest in its 900 Third Ave. property in New York City, leaving it with a ...
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Paramount Announces Sale of 45% Interest in 900 Third Avenue
Paramount Group, Inc. (NYSE: PGRE) ("Paramount" or the "Company") announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third ...