Union Investment, Nuveen Sell Upper East Side Retail

Union Investment and Nuveen Real Estate have sold their 1511 Third Ave. retail property on Manhattan’s Upper East Side to San Francisco-based Stockbridge. Terms of the sale were not disclosed. Union Investment acquired the retail property in 2016 as part of a closed joint venture deal with Nuveen Real Estate (then TH Real Estate) for its open-ended real ...

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