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Deals

BXP Sells 11% Stake in 343 Madison Avenue Office Tower to AVRS Partners

Friday, October 16, 2026 · first reported by Commercial Observer

BXP sold a 10.6% stake in 343 Madison Avenue, a planned 930,000-square-foot Midtown Manhattan office development expected to cost roughly $2 billion, to AVRS Partners. The deal follows $1.2 billion in construction financing for the project from Wells Fargo, Bank of America Securities, BNY Mellon and J.P. Morgan.

Also named
BXP, Wells Fargo, Bank of America Securities, Bank of New York Mellon, J.P. Morgan
Asset class
Real estate
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

Coverage

1 source