Google’s Chelsea Market purchase fuels rise in Manhattan I-sales dollar volume

Manhattan investment sales saw a sharp increase in dollar volume during the first half of 2018 thanks to an uptick in big-ticket deals, notably Google’s roughly $2.4 billion purchase of Chelsea Market. Investment property sales totaled $11.4 billion across 236 transactions and 273 properties during the first six months of the year, according to a new report from Ariel Property Advisors. Although these represented declines of 1 percent for transaction volume and 4 percent for […]Home Page,Popular,chelsea market,Commercial Real Estate,real estate investmenthttps://therealdeal.com/2018/07/16/googles-chelsea-market-purchase-fuels-rise-in-manhattan-i-sales-dollar-volume/