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 <title>NY Observer &gt; One Financial Square</title>
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 <title>Sale of One Financial Square Closes for $751 M.</title>
 <link>http://www.observer.com/2007/one-financial-square-closes-750-m</link>
 <description><![CDATA[<!--paging_filter--><p><a href="http://www.beaconcapital.com/index_content.html">Beacon Capital Partners</a> has closed on One Financial Square for $751 million, according to city records.<br />
<p class="MsoNormal">The 36-story, 973,000-square-foot building went to contract on July 2 and closed on August 29. In July, <em>The New York Sun</em> <a href="http://www.nysun.com/article/58330">reported</a> that this deal was in the works. The seller is the <a href="http://www.paramount-group.com/intro.htm">Paramount Group,</a> which purchased the property back in 1995 for $135 million.  <span class='read-more'><a href="http://www.observer.com/2007/one-financial-square-closes-750-m">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span></p>]]></description>
 <comments>http://www.observer.com/2007/one-financial-square-closes-750-m#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/30574">Beacon Capital Partners LLC</category>
 <category domain="http://www.observer.com/taxonomy/term/50761">One Financial Square</category>
 <category domain="http://www.observer.com/taxonomy/term/32032">Paramount Group</category>
 <pubDate>Fri, 07 Sep 2007 12:16:17 -0400</pubDate>
 <dc:creator>Mark Wellborn</dc:creator>
 <guid isPermaLink="false">57652 at http://www.observer.com</guid>
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