Our Company

Proven Experience in an Evolving Industry

WHAT IS THE MHPOV?

Founded more than four decades ago in the heart of Manhattan, MHP Real Estate Services has evolved from a boutique owner/manager of commercial properties into a globally respected industry leader. Every day, our dedicated teams help tenants and landlords navigate through New York’s new reality: increasingly complex space challenges and workplace trends in the new economy, intensely competitive investment markets, and the ever-growing impact of technology on real estate. From institutional investors to startups and entrepreneurs, the global real estate world requires a point of view informed by time-tested experience with an eye towards forward-thinking and innovation. Our clients rely on the MHPOV for enhanced perspectives that see every angle of a project, providing customized strategies with comprehensive, best in class service.

MHP owns, leases and manages millions of square feet of office space on behalf of MHP fund investors, property owners and corporate occupiers. Since its inception, MHP’s transactions encompass more than 150 iconic properties valued at over $12 billion.

History

  1. 2010's
    2016: Acquires 850 Third Avenue in an off-market transaction in partnership with HNA

    2015: 180 Maiden Lane is acquired in a joint venture with Clarion Partners in an off-market transaction

    2014: MHP sells 530 Fifth Avenue for $595M, after acquiring it a few years earlier for just over $406M

    2013: Murray Hill Properties rebrands itself MHP Real Estate Services, coinciding with growth in advisory services division

    2012: MHP sells 509 Fifth Avenue for $39.8M

  2. 2000's
    2008: MHP and Jamestown acquire 1250 Broadway from SL Green Realty Corp.

    2007: 1180 Avenue of the Americas is acquired in partnership with The Carlyle Group

    2007: MHP completes disposition of 417 Fifth for $250M

    2006: MHP sells 450 Lexington Avenue for $558M

    2005: MHP completes purchase of 450 Lexington Avenue for $487.6M

    2003: MHP begins its first investment fund

    2002: MHP acquires 417 Fifth Avenue for $126M in partnership with Olympus Real Estate Partners

  3. 1990's
    MHP adds Asset Management and Project Management divisions

    1996: MHP purchases 1140 Avenue of the Americas and moves into the building

    MHP partners with CS First Boston to purchase three buildings

    MHP partners with ING Realty Partners and purchases 6 buildings

    MHP joins TCN Worldwide, adding affiliates in more than 200 markets

  4. 1980's
    MHP acquires 440 Ninth Avenue and takes occupancy in the building

    MHP hires its first commercial broker

  5. 1970's
    1971: Murray Hill Properties transitions to commercial ownership with the purchase of 244 Fifth Avenue

    1971: The company becomes "Murray Hill Properties" named after its first office location at 130 Madison Avenue, the local Murray Hill News newspaper, and the acquisition of additional residential property in the Murray Hill neighborhood of Manhattan

    1971: A partnership between Norman Sturner and Neil Siderow acquires 469 West 57th Street, residential property on the West Side of Manhattan.

AFFILIATES

LEVERAGING GLOBAL PERSPECTIVE

The MHPOV extends far beyond the New York City skyline. MHP is the NYC principal member of TCN Worldwide Real Estate Services that provides MHP instant access to professionals in over 200 markets spanning 20 countries across the globe. The TCN network, recently expanded since forming a strategic alliance with GVA Worldwide (5,500 professionals in 170 offices across 28 countries), providing comprehensive market coverage, customized strategies and a demonstrated track record. Our clients gain the dual benefit of local expertise with ground-level market data and intelligence, and the confidence of knowing MHP retains supervisory control of every transaction. Along with GVA, TCN’s annual transactions exceed over $58.6 billion.