Ralph Lauren Acquires Retail Space At 109 Prince Street Soho From Jean-Pierre Lehmann For $132M

The retail property located at 109 Prince Street in Soho, Manhattan, has been sold for a transaction amount of $132,000,000. The asset encompasses a total square footage of 12,147, which translates to a price per square foot of $10,867.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $132,000,000
• Address: 109 Prince Street
• Market: Soho, Manhattan
• Buyer: Ralph Lauren
• Seller: Jean-Pierre Lehmann
• Brokers: Robert Cohen, Adam Spies, Brett Siegel & Peter Whitenack - Newmark

Key individuals involved in the transaction include Ralph Lauren as the buyer and Jean-Pierre Lehmann as the seller. The brokerage team comprised Robert Cohen, Adam Spies, Brett Siegel, and Peter Whitenack, representing the interests of the involved parties in this retail sale.