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Germans buy Vornado bldg.


Vornado Realty Trust's Two Park Ave., a 965,000 SF office property located in Midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 South, was acquired by SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare
staphylococcal enterotoxin B
 Immobilien-Investment GMBH, an open-ended fund based in Frankfurt, Germany.

The $292 million transaction was arranged by CB Richard Ellis' Woody Heller.

"I am enormously proud to have represented Vornado," said Heller.

"I'm also thrilled to have played a role in such a significant transaction, which garnered SEB its first major asset in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
."

Built in 1928, the 29-story office property boasts such tenants as The Tribune Company The Tribune Company (NYSE: TRB) is a large American multimedia corporation based in Chicago, Illinois. It is the nation's second-largest newspaper publisher, responsible for the Chicago Tribune, Los Angeles Times, Newsday, Hartford Courant , Hartford Fire Insurance, and United Way of NY.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 3, 2003
Words:97
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