Global Holdings Pays $565M for 1250 Broadway

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Global Holdings Management Group (US), Inc. has acquired the New York City skyscraper at 1250 Broadway from a joint-venture partnership between MHP Real Estate Services LLC and Jamestown LP for $565 million, or about $786 per square foot.

The sellers acquired the asset from SL Green Realty Corp. for $310 million ($431 pSF) back in March 2008, according to CoStar data.div.comp {font-size:0.8em;line-height:1.2em;float:right;font-family:”arial”;clear…


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