Minamoto Kitchoan pays $45M to Riese Organization for property in Plaza District
Minamoto Kitchoan through the entity Minamoto Kitchoan, Co., Ltd. paid Riese Organization’s 604 Fifth Owner, LLC $45 million for 604 5th Avenue in Plaza District. The deal closed on April 8, 2021 and was recorded on April 16, 2021. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4)The property is 18,000 square feet. The parcel(s) have total development…