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Posted: December 23, 2010
Eastdil Secured's Harmon brokers $1.8 billion sale of 111 Eighth Avenue; Siegel, Stacom and Shanhan of CBRE represented Google
Google has signed a $1.8 billion deal to purchase the 2.9 million s/f 111 Eighth Ave. from owners New York State Common Retirement Fund, Jamestown, and Taconic Investment Partners, according to a report from the New York Times. The company's 550,000 s/f east coast headquarters is currently housed in the building.
Douglas Harmon of Eastdil Secured was the the listing broker of the 18-story Chelsea property. Steve Siegel, Darcy Stacom and Bill Shanahan of CB Richard Ellis represented Google.
Eastdil Secured has participated in every real estate cycle since 1967, attaining over 40 years of real estate investment banking knowledge and experience.
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