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RE Rumor Mill: Tishman, Sterling Bay, Lend Lease-AXF

By Andrew McIntyre (August 20, 2014, 7:43 PM EDT) -- Tishman Speyer Properties LP has bought a long-term leasehold at 175 Varick St. in New York from a WeWork – AEW Capital Management LP venture for $58.7 million, The Real Deal reported, citing property records. WeWork and AEW Capital bought the long-term leasehold at the 187,000-square-foot property for $32.7 million from Extell Development Co. in 2012, Real Deal said. WeWork has 75,000 square feet of shared office space in the building, Real Deal reported....

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