Jones Lang LaSalle Closes $136+ Million Sale of Times Square Retail Property

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By New York RealEstateRama -

NEW YORK, NY – August 25, 2011 – (RealEstateRama) — Jones Lang LaSalle announced its New York Capital Markets team has closed the sale of 1552 Broadway for the Riese Organization. A joint venture of SL Green and Wharton Acquisitions purchased the 15,000-square-foot retail property for $136,550,000.

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