Mercer Street Partners Purchases Specialty Use Education Property From McGuire Development Company For $32.3M

The transaction involved a specialty use education asset located at 75 West Huron Street in the Buffalo market. The sale price was established at $32,300,000, with the property spanning an area of 102,000 square feet, resulting in a price per square foot of $316.

Summary of transaction details:

• Property Type: Specialty Use - Education
• Transaction Amount: $32,300,000
• Address: 75 West Huron Street
• Market: Buffalo
• Square Footage: 102,000
• Price per Square Foot: $316
• Buyer: Mercer Street Partners
• Seller: McGuire Development Company
• Brokers: Dave Carswell, Ben Tapper & Sean Slattery - Lee & Associates

Mercer Street Partners acquired the property from McGuire Development Company. The transaction was facilitated by brokers Dave Carswell, Ben Tapper, and Sean Slattery from Lee & Associates, who represented the buyer and seller in this deal.