Image of Investment Property

60 Broad Street

Headquarter Sq Ft: 200,000

Property Sq Ft: 1,020,734

Purchase Date: February, 1994

Purchase Price: N/A

Year Built: 1961

Client: General Electric


While at Morgan Stanley, MMMermel provided strategic acquisition advice to General Electric on its acquisition of a back office headquarters at 60 Broad Street for Kidder Peabody in an equity joint venture and simultaneous lease which was structured with Li Ka-shing and New World Development.