In a series of bold moves between The Walt Disney Company with Eastdil Secured, Silverstein Properties and Trinity Church Wall Street, RDM supported four customers in mega-deals that demonstrate the strength of the market.
In July it was announced that The Walt Disney company sold its ABC West Side complex to Silverstein Properties for $1.2 billion, and simultaneously purchased from Trinity Wall Street the rights to acquire 4 Hudson Square for $650 million. Disney agreed to a 99 year lease for the block where it will build a 1 million-square-foot broadcast facility.
RDM was hired by Disney’s brokers, Eastdil Secured, to perform a comprehensive due diligence study prior to the sale of their Upper West Side campus. For this part of the larger deal each party needed various components of RDM’s platform of CRE solutions. From laser building measurements, to updated floor plans, and REBNY space analytics.
We’re proud to have supported our long-time customers on such a significant transaction. – Peter Boritz, CEO of RDM
Being selected to bring value to the deal is validation of where RDM is meeting the intersection of customer needs and fast-turnaround. Our customers need information quickly in order to execute on their strategic plans. We support the lifecycle of a building from acquistion to management to ownership exit. RDM is the single point of contact for this knowledge with our deep expertise coupled with our RealAccess software to stitch it all together.
RDM’s platform of software and managed services helps owners, brokers and managers in every step from buying and selling to day-to-day marketing and leasing. Our flagship software, RealAccess, is the online hub for occupancy data, space analytics, stacks and floor plans.
Interested in seeing how REBNY or BOMA calculations can affect your buildings? Try the RDM Value Calculator for free and explore your potential growth.