SL Green And Wharton Properties Acquire Retail Asset At 1552-1560 Broadway For $195M

The asset involved in this transaction is located at 1552-1560 Broadway in Manhattan. This retail property encompasses a total square footage of 59,434, and the sale price for this transaction was $195,000,000, translating to a price per square foot of $3,280.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $195,000,000
• Address: 1552-1560 Broadway
• Market: Manhattan
• Square Footage: 59,434
• Price Per Square Foot: $3,280
• Buyer: SL Green & Wharton Properties
• Brokerage: JLL
• Brokers Involved: Jonathan Hageman, Sean Ryan, Hall Oster, Brett Rosenberg, Drew Isaacson & Kyle Kaminski

The brokerage firm JLL was represented by a team of six individuals: Jonathan Hageman, Sean Ryan, Hall Oster, Brett Rosenberg, Drew Isaacson, and Kyle Kaminski, all of whom played a significant role in facilitating this transaction involving the retail property in Manhattan.