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Real Estate Market
Highlighted in this piece is the sale of the Marriott East Side Hotel at 525 Lexington Avenue in New York City by SHC New York Eastside II, a subsidiary of Chicago's Strategic Hotel Capital, LLC, to Morgan Stanley's Prime Property Fund. The closing price was $287 million.
Sills Cummis represented SHC New York Eastside II. Jones Day and King & Spalding represented the Prime Property Fund.
Publication: New York Law Journal (December 21, 2005)
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