Latest news with #officeproperties
Bloomberg
5 days ago
- Business
- Bloomberg
NYC Buildings in Midtown, SoHo Are Going Up for Sale by SL Green
SL Green Realty Corp. is marketing two Manhattan buildings for sale as demand for the city's office properties heats up. The landlord hired brokerage Eastdil Secured to market 110 Greene St., a SoHo office building with a Balenciaga store, and 690 Madison Ave., a property just one block from Central Park that houses jeweler Van Cleef & Arpels, according to marketing materials viewed by Bloomberg.
CTV News
03-06-2025
- Business
- CTV News
Oxford Properties buys CPP Investments' stake in office portfolio in Western Canada
Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, Sept. 21, 2023. THE CANADIAN PRESS/Chris Young TORONTO — Oxford Properties Group has signed a deal to buy the Canada Pension Plan Investment Board's 50 per cent stake in a group of office properties in Western Canada that they co-own for $730 million. The deal gives Oxford full ownership of the portfolio that includes seven downtown office properties. Oxford is the global real estate arm of pension fund manager OMERS. The deal covers Eau Claire Tower, Centennial Place and 400 Third in Calgary, while in Vancouver it includes the Stack, Guinness Tower, the Marine Building and MNP Tower. Oxford and CPP Investments will still co-own a substantial portfolio across Canada. Tyler Seaman, Oxford Properties executive vice-president, Canada, says the fund believes now is an opportune time to rotate capital back into this asset class. This report by The Canadian Press was first published June 3, 2025.
