Bando Engineering & Construction Acquires Retail Asset At 2 Times Sq For $100M

Located at 2 Times Sq in Midtown, this retail property was sold for $100,000,000. Spanning 26,000 square feet, the price per square foot equated to $3,846. The transaction took place on 07/08/2024.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $100,000,000
• Address: 2 Times Sq
• Market: Midtown
• Sellers: Sherwood Equities
• Buyer: Bando Engineering & Construction
• Brokers: Adam Spies, Adam Doneger, Avery Silverstein, Marcella Fasulo, Meaghan Philbin - Newmark

The deal was facilitated by a team of brokers from Newmark, including Adam Spies, Adam Doneger, Avery Silverstein, Marcella Fasulo, and Meaghan Philbin. Bando Engineering & Construction emerged as the buyer, while Sherwood Equities acted as the seller in this transaction at 2 Times Sq.