Madison Realty Capital Advisors has recapitalized its holdings in the Whale Square office building in Brooklyn, New York, divesting a 75% ownership interest in the property to Manhattan-based private investment firm Nightingale Properties in an $84.09 million transaction that valued the asset at roughly $220 per square foot.
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IN THIS ARTICLE
- Properties
- The Whale Brooklyn
14 53rd St, Brooklyn, NY
- Contacts
- Jacob Luft
District Center Manager, Clopay Building Products
- Brian Shatz
Managing Principal, Co-Founder, Madison Realty Capital Advisors, LLC