KBS Realty Advisors recently acquired a 301,000-square-foot office building in New York City for $110 million.

The building, located at 619 W. 54th St. between 11th Avenue and the Westside Highway, was fully leased at the time of sale to 10 tenants.

ARRI, a German-based movie camera production company, who inherited the building when it purchased CSC (a U.S.-based movie camera production company, sold the property.

Built in 1930 for Warner Brothers Pictures, the building includes 21 surface parking spaces.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We're here to help. Free 90-day trial for new subscribers.Click Here×