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Ivanhoe Cambridge buys Manhattan 'corporate row' office tower for US$850M

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(Globalpost/GlobalPost)

MONTREAL - The real estate arm of the Caisse de depot et placement du Quebec has acquired a 51 per cent interest in a two-million-square-foot New York City office tower for US$850 million. Ivanhoe Cambridge says the building at 1211 Avenue of the Americas is a 45-storey, class A asset centrally located between 47th and 48th streets, adjacent to the Rockefeller Center and stands among a row of skyscrapers known as “corporate row.”

http://www.globalpost.com/dispatch/news/the-canadian-press/131015/ivanhoe-cambridge-buys-manhattan-corporate-row-office-tower-