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Silverstein SPAC Raises $250 Million To Tap Into Property Technology

In Completing Initial Public Stock Offering, New York Developer Joins Booming Market
Among Silverstein Properties’ notable developments in New York is 3 World Trade Center. (James Hooker/CoStar)
Among Silverstein Properties’ notable developments in New York is 3 World Trade Center. (James Hooker/CoStar)
CoStar News
September 16, 2021 | 6:28 P.M.

Silverspac, a so-called blank-check company formed by New York developer Silverstein Properties, has completed a $250 million initial public stock offering, joining the booming market for investors in search of merger and acquisition opportunities.

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