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Property Acquisitions | 9 Months Ended
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Sep. 30, 2020
Business Combinations [Abstract] |
Property Acquisitions | Property Acquisitions The following table summarizes the properties acquired during the nine months ended September 30, 2020:
Property |  | Acquisition Date |  | Property Type |  | Approximate Square Feet |  | Gross Asset Valuation (in millions)
762 Madison Avenue (1) |  | January 2020 |  | Fee Interest |  | 6,109 |  | $ | 29.3 |
707 Eleventh Avenue |  | January 2020 |  | Fee Interest |  | 159,720 |  | 90.0 |
126 Nassau Street (2) |  | January 2020 |  | Leasehold Interest |  | 98,412 |  | — |
(1)The Company acquired from our joint venture partner the remaining 10% interest in this property that the Company did not already own. (2)In January 2020, the Company entered into a 99-year ground lease of 126 Nassau Street. In August 2020, we entered into a partnership with Meritz Alternative Investment as part of the capitalization of this development project. See note 6, "Investments in Unconsolidated Joint Ventures."

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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