Blackstone Real Estate completed the acquisition of a 46% stake in 1345 Avenue of the Americas from Fisher Brothers for $644m.

Blackstone Real Estate, a provider of investment management and advisory services, completed the acquisition of a 46% stake in 1345 Avenue of the Americas from Fisher Brothers, a real estate investment company for $644m. “Midtown Manhattan is the best performing office market in the country and we are excited to partner with Fisher Brothers in this trophy asset investment,” David Levine, Blackstone Real Estate Co-Head of Americas Acquisitions.