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Real Estate Rumors: AXA, AEG And Crosstree, Melo

By Natalie Rodriguez (August 21, 2015, 12:28 PM EDT) -- AXA Financial is reportedly shopping a pair of Manhattan towers — 787 Seventh Avenue and 1285 Avenue of the Americas — that could fetch $4 billion due to the high-quality tenants and opportunity to raise rents, according to a Commercial Observer report on Thursday afternoon, which cited unnamed sources. AXA owns 787 Seventh Avenue outright and shares 50-50 ownership of 1285 Avenye of the Americas with JP Morgan & Chase Co., according to the report....

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