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GreenOak US Fund 1 acquires 285 Madison Avenue in Midtown Manhattan

December 23, 2012

In partnership with RFR Holding, GreenOak acquired 285 Madison Avenue from Young & Rubicam.

The office building with ground floor retail totals over 510,000 square feet and is located two blocks from Grand Central Station in Midtown Manhattan.

Plans include a full renovation of the property to offer a modern and affordable option for tenants focused on proximity to the main transportation hub in New York City.