Private HNW Acquires Mixed-Use Asset For $14M In Fulton Market District

A mixed-use property located at 226 N. Morgan and 1001 W. Fulton in the Fulton Market District has been sold for $14,000,000. The property spans 12,800 square feet, resulting in a price per square foot of $1,094. The sale took place on December 31, 2021, and the buyer was a private HNW individual from California. Vequity acted as the seller in the transaction. The deal was facilitated by brokers Alex Sharrin and Truman Tiernan from JLL.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $14,000,000
• Square Footage: 12,800
• Price per Square Foot: $1,094
• Address: 226 N. Morgan & 1001 W. Fulton
• Market: Fulton Market District

The buyer of the property was a private high-net-worth individual from California. Vequity served as the seller in the deal. The transaction was facilitated by brokers Alex Sharrin and Truman Tiernan, representing JLL. The sale of this mixed-use property represents a significant investment in the vibrant Fulton Market District.