Jamestown Acquires Office-and-Retail Building In Bronx For $115M

The office-and-retail building located at 260 East 161st Street in New York's Bronx market has been sold for a price of $115,000,000. The property spans a total of 276,622 square feet and was sold at a price per square foot of $415. The seller of the property was Acadia Realty Trust, represented by Kenneth Bernstein, while the buyer was Jamestown, represented by Michael Phillips.

Summary of transaction details:

• Property Type: Office-and-Retail Building
• Transaction Amount: $115,000,000
• Address: 260 East 161st Street
• City: New York
• Market: Bronx

Acadia Realty Trust, helmed by Kenneth Bernstein, was the seller of the property. On the other hand, Jamestown, represented by Michael Phillips, acted as the buyer in this deal.