Wolfe Landau Of Watermark Capital Acquires Development Site In Financial District For $35M

The transaction involves a development site located at 78 Pearl Street & 46 Water Street in the Financial District. The sale price was $35,000,000, encompassing a total square footage of 85,099, resulting in a price per square foot of $411.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $35,000,000
• Address: 78 Pearl Street & 46 Water Street
• Market: Financial District
• Square Footage: 85,099
• Price Per Square Foot: $411
• Buyer: Wolfe Landau - Watermark Capital
• Brokers: Jas Saini & Nick Tuleu - BKREA

Key individuals involved in the transaction include Wolfe Landau, representing Watermark Capital, who acquired the property under the guidance of brokers Jas Saini and Nick Tuleu from BKREA.