Simpson Thacher's Global HQ Put Up On Sale Block

Law360, New York (February 15, 2013, 9:22 PM EST) -- Hines Interests LP has put two prized Manhattan office properties up for sale, including Simpson Thacher & Bartlett LLP's global headquarters, it announced Friday.

The real estate company has retained Eastdil Secured LLC and CBRE Group Inc. to market Simpson Thacher's home base at 425 Lexington Ave., as well as another of its trophy assets at 499 Park Ave., known as the Black Diamond, according to a statement. Both properties are owned by Hines U.S. Core Office Fund.

"We have had outstanding success with these two...
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