Invesco Ltd. (NYSE:IVZ) agreed to acquire 95% stake in 80 Broad Street from Broad Street Development, LLC on November 14, 2017. The transaction values the building at $235 million. Broad Street Development, LLC will retain a 5% stake in 80 Broad Street. The transaction is expected to close by the end of year 2017. Douglas Harmon, Adam Spies and Joshua King of Cushman & Wakefield acted as real estate advisors to Broad Street Development. Invesco Ltd. (NYSE:IVZ) completed the acquisition of 95% stake in 80 Broad Street from Broad Street Development, LLC for approximately $230 million on January 22, 2018.