The Real Deal Miami

JPMorgan to sell 23 office properties

August 12, 2009 07:44AM

In a mission to shed excess office space, JPMorgan plans to unload 23 office properties across the country. The space it is marketing, when combined, totals 7.1 million square feet. The package of properties, if all sold, could bring in upwards of $1 billion. That portfolio is reportedly the largest on the market this year. Some of the buildings up for sale include notable New York City locations, such as One Chase Manhattan Plaza and Four New York Plaza.