Joshua Zamir Of Capstone Equities Purchases Chelsea Office Building From Rutger Arnhult And Michael Kirchmann For $83M

The property involved in this transaction is an office asset located at 205 West 28th Street in Chelsea. The building has a total square footage of 100,000 and is fully leased, facilitating a sale for approximately $83 million, equating to a price per square foot of $830.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $83,000,000
• Address: 205 West 28th Street
• Market: Chelsea
• Square Footage: 100,000
• Price Per Square Foot: $830
• Buyer: Joshua Zamir - Capstone Equities
• Seller: Rutger Arnhult - Corem Property Group
• Seller: Michael Kirchmann - GDS Development

Joshua Zamir, representing Capstone Equities, is in contract to acquire the office building from sellers Rutger Arnhult of Corem Property Group and Michael Kirchmann of GDS Development. The transaction is aimed at further investment in the Chelsea market, with Joshua Zamir taking a prominent role in the negotiation process.