Spear Street Capital Acquires Office And Retail Property In Meatpacking District For $50.5M

The property asset involved in the transaction is located at 76 8th Avenue in the Meatpacking District. The transaction price is set at $50,500,000, and the building encompasses a total of 35,620 square feet, designated for both office and retail use.

Summary of transaction details:

• Property Type: Office & Retail
• Transaction Amount: $50,500,000
• Buyer: Spear Street Capital
• Seller: G4 Capital Partners
• Brokers: Andrew Scandalios, David Giancola, Vickram Jambu, Drew Isaacson & Jennifer Zelko - JLL

Key individuals instrumental in this deal include the brokers from JLL, who facilitated the transaction. The involvement of Andrew Scandalios, David Giancola, Vickram Jambu, Drew Isaacson, and Jennifer Zelko highlights the collaboration among these professionals in achieving the successful sale.