Dadourian Sells Chinatown Portfolio for $95.5M

Source:  CoStar

Dadourian Management has sold three office buildings in New York City to two investors in two separate, all-cash transactions with an aggregate value of $95.5 million. The three assets, totaling more than 79,000 square feet, are located on the corner of Canal and Elizabeth Streets in Manhattan's Chinatown neighborhood. 164-168 Canal St. is a six-story, 49,950-square-foot office building leased to Citibank and NY Life & Co. The property features...

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