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Related Companies and partner Oxford Properties found a buyer for a portion of 35 Hudson Yards four months after kicking off an exploration of a sale. Japan’s Mori Trust purchased 38 stories of the property for $540 million, Bloomberg reported. The acquisition encompasses office, retail, fitness and hotel space at the property, leaving the for-sale residences out of Mori Trust’s hands. The components Related and Oxford made available in June included 180,000 square feet of fully leased office space, an Equinox gym — the fitness company is a subsidiary of Related — and a retail component that was 73 percent […]

This article originally appeared on The Real Deal. Click here to read the full story.

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