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Shearman Works On $203M Alexandria-Pfizer Sale-Leaseback

Law360 (July 13, 2018, 6:05 PM EDT) -- Alexandria Real Estate Equities Inc. said Friday it had purchased the New York headquarters of Pfizer Inc. for $203 million and simultaneously leased the space back to the pharmaceutical giant, and a deed also filed Friday shows Shearman & Sterling LLP worked on the matter.

The deal is for 219 E. 42nd St., and it was not immediately clear which party the law firm represented. Shearman's Chris Smith, whose name appears on the deed, could not be immediately reached for comment on Friday.

Although Alexandria is...
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