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Ownership still a real option.

Publication: Real Estate Weekly
Publication Date: 13-AUG-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Ownership still a real option.(ABKCO Music and Records Inc. acquired commercial space from Cornwall Capital)

Article Excerpt
ABKCO, a music publisher whose catalog includes the songs of some of rock and roll's most famous acts, has purchased an 8,500 s/f commercial co-op at 85 Fifth Avenue for its offices.

The company acquired the space from the financial firm Cornwall Capital for $6 million, roughly $700 per square foot. Cornwall had purchased the space, the building's entire 11th floor, a little over a year ago, according to CB Richard Ellis broker Matthew Bergey, who arranged that sale along with the just-completed deal with...

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