 |
315 Broadway, Tribeca Neighborhood, Manhattan, NY
 |
| Rob Rizzi |
NEW YORK, NY – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 315 Broadway, an 18,089-square-foot,
mixed-use, loft-style office building with ground floor retail space in the
Tribeca neighborhood of Manhattan.
HFF marketed the property
on behalf of the seller, a long-term private real estate partnership. The Laboz family of United American Land
purchased the asset for $18.25 million free and clear of existing debt.
315 Broadway is located on
Broadway between Thomas and Duane Streets directly across from the Jacob K.
Javits Federal Building in Tribeca.
Built in 1861 as a store and loft building, the five-story building
features approximately 3,900 square feet of ground floor retail and 14,186
square feet of office.
The retail benefits from the highly-trafficked
Broadway corridor, which has become a tourist destination for those traveling
from the Financial District to Soho.
The
remaining portions of the building contain 13-plus foot ceilings, original
cast-iron columns, oversized windows and exposed brick walls. 315 Broadway is within close proximity to the
Chambers Street, Park Place and City Hall subway stations.
 |
| Eric Anton |
The HFF investment sales
team representing the seller was led by senior managing director Eric Anton, managing director Rob Rizzi, and associate directors Steven Rutman and David Fowler.
“We are extremely honored
to have completed this successful transaction for our clients whom decided to
sell into the strongest market Lower Manhattan has ever seen,” said Anton.
. For a complete copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
No comments:
Post a Comment