A joint venture of Savanna and KBS Capital Advisors has acquired 110 William St. from Swig Equities and Dubai Investment Group for $261.1 million. Located in Manhattan’s Financial District, the 32-story tower has 928,000 square feet and stands at the corner of William and John streets.
“Our acquisition of 110 will accelerate the positive transformation of William Street that is occurring as institutional firms continue to buy and upgrade many of the adjacent properties,” Nicholas Bienstock, Savanna’s managing partner, said in a statement.
