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Carlyle buys Midtown office building for $111M
Private equity giant closed deal with Kamber Management on Sept. 2
Having just raised $4.2 billion for a new real estate fund, private equity giant the Carlyle Group also purchased an 11-story office building by the Empire State Building for $111 million earlier this month.
Carlyle acquired on the building, at 19-28 West 33rd Street, from Midtown-based Kamber Management Company on Sept. 2, according to property records filed with the city Wednesday.
The property includes 134,000 square feet of office space and an additional 19,000 square feet of retail. Carlyle closed on the acquisition days after picking up a medical office condo unit at the Corinthian, at 345 East 37th Street in Murray Hill, for $48 million.
The Carlyle Group plans to expand its already massive position in residential and commercial real estate nationwide with the $4.2 billion raised for its latest fund.
Kamber recently bought Tower 45, at 120 West 45th Street in Midtown, from SL Green Realty for $365 million, as The Real Deal reported.