Fisher Bros. Joins with Rockpoint for Increased Stakes

  • Posted at 12:02, January 06, 2014
  • By QuidnuncRE Staff

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605 Third Ave.

Affiliates of Boston-based Rockpoint Group LLC, and New York's Fisher Brothers, both private real estate investment firms, bought about a 50% interest in 1345 Ave. of the Americas and 605 Third Ave., from National Bulk Carriers Inc., formerly one of the world's biggest shipping companies, now described as a New York-based real estate investment company.

The press release says the deal closed on Dec. 27, and that Fisher Bros.' affiliates already hold the remaining 50% stake in both buildings.  It didn't disclose other terms. Fisher Bros. will continue to manage the properties, which contain about three million square feet of space.

Details can be found in a Rockpoint press release HERE.

Here is Fisher Bros.' web page devoted to the Sixth Avenue property, which is between W. 54th and W. 55th Sts. Here is its page for 605 Third Ave., which is on the east side of the avenue between E. 39th and E. 40th Sts.

 

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