UAE's Gulf Islamic Investments buys New York office building | ZAWYA MENA Edition:
Gulf Islamic Investments (GII) has acquired a property in New York, just half an hour away from bustling Manhattan.
The acquisition brings the UAE-based financial services firm’s US portfolio to more than $230 million.
The property is an office building in White Plains, Westchester County, with a leasable area of 220,000 square feet, and is currently over 90 percent occupied by more than 30 tenants.
It is also strategically located, as it’s close to the Federal, Supreme, District and Country courthouses in New York.
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