Premier Equities Sells 1151 Broadway Retail Building In Manhattan For $29.2M

This retail asset located at 1151 Broadway in Manhattan was sold for a transaction amount of $29,200,000. The property consists of 13,553 square feet, with a price per square foot of $2,154. It is a fully occupied office and retail building, anchored by established tenants Sweetgreen and Pura Vida.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $29,200,000
• Address: 1151 Broadway
• Market: Manhattan
• Seller: Premier Equities
• Seller's Representatives: Andrew Berry, John Ciraulo, Craig Waggner & Jack Stephen - Cushman & Wakefield
• Square Footage: 13,553
• Price Per Square Foot: $2,154
• Note: 100% occupied office and retail building with retail anchor tenants Sweetgreen and Pura Vida.

The deal involved key representatives from Cushman & Wakefield, with Andrew Berry, John Ciraulo, Craig Waggner, and Jack Stephen acting as the Seller's representatives throughout the transaction, facilitating the sale of the property on behalf of Premier Equities.