Peter Hungerford's The Hungerford Building Acquired By The Hungerford Building LLC For $7.7M In Rochester Sale

The Hungerford Building, located at 410 N. Goodman St. in Rochester, was recently sold in a closed transaction. The office property, spanning 225,000 square feet, was purchased for a total price of $7,720,000, resulting in a price per square foot of $34. The sale was facilitated by James Buckley of Endeavor Real Estate Group, representing the seller Maguire Properties Inc., and Peter Hungerford of The Hungerford Building LLC, who acted as the buyer's representative.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $7,720,000
• Address: 410 N. Goodman St., Rochester
• Square Footage: 225,000
• Price Per Square Foot: $34
• Market: Rochester

After being under contract for several years, the Hungerford Building saw a change in ownership for the first time in over three decades. The buyer, Peter Hungerford, represented by The Hungerford Building LLC, plans to invest millions of dollars into the property. The goal is to transform the turn-of-the-century loft building into a mixed-use development and cultural hub that will enhance its presence in the Rochester market. The Hungerford Building aims to attract thriving co-tenancies and become an integral part of the local community.