Wells Fargo Provides $106.5M Loan For Mixed-Use Property In SoHo

Located at 546 Broadway in SoHo, this mixed-use property spans approximately 96,000 square feet. The transaction took place on March 20, 2021, and involved Charles W. Scharf, Isaac Chetrit, AB & Sons Group, and Uniqlo. The property was financed by Wells Fargo, which provided a loan amount of $106,500,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $106,500,000
• Address: 546 Broadway
• Market: SoHo
• Landlord: AB & Sons Group
• Tenant: Uniqlo

Charles W. Scharf, along with Isaac Chetrit, facilitated this transaction as the property's representatives. AB & Sons Group acted as the landlord, while Uniqlo occupied the space as the tenant. Wells Fargo served as the lender, providing the loan for this deal.