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44 Wall Street Trades to Dallas-Based Gaedeke

Dallas-based Gaedeke Group made its New York debut with the $200-million acquisition of 44 Wall St. from EQ Office. Gaedeke was assisted by Finback Real Estate in underwriting the acquisition; George Comfort & Sons will manage the 350,000-square-foot office property on Gaedeke’s behalf.

“Finback underwrote 41 assets for purchase, including 30 off-market and 11 marketed properties across 15 submarkets throughout Manhattan over an eighth-month period before landing on 44 Wall St.,” said Finback president Michael O’Callaghan, who advised Gaedeke with Gentry Ashmore Hoit.

“44 Wall Street represents the best of New York City commercial real estate,” said George Comfort & Sons president and CEO Peter S. Duncan. “The building exemplifies great classic architecture that has been carefully preserved, while being modernized to meet the needs of today’s creative companies and their workforces.”

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Connect With Finback's O'Callaghan and HoitConnect With George Comfort's Duncan

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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