Global Asset Properties Purchases Retail Space From China Institute In America For $7.7M

The property asset involved in the transaction is located at 100 Washington Street in Manhattan, featuring a retail asset type. It sold for $7,700,000 with a total square footage of 6,000, translating to a price per square foot of $1,283.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,700,000
• Address: 100 Washington Street
• Market: Manhattan
• Square Footage: 6,000
• Price per Square Foot: $1,283
• Buyer: Global Asset Properties
• Seller: China Institute In America
• Brokers: Nate Mallon & Brendan Thrapp - Verada

Nate Mallon and Brendan Thrapp represented the buyer in this transaction, showcasing their expertise in managing retail property deals in the Manhattan market. The involvement of Verada as the agency reflects their active role in facilitating this sale between the buyer and the seller.