SOLD
Madison Capital Acquires Soho Office Property For $206 Million
130 Prince Street
Office
88,000 SF
88,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Office
88,000 sqft
The office building located at 130 Prince Street in Soho has been sold in a closed transaction. The property spans 88,000 square feet and was sold for a total price of $206,000,000, with a price per square foot of $2,340.
Summary of transaction details
- Asset Type: Office
- Address: 130 Prince Street
- Market: Soho
- Price: $206,000,000
- Square Footage: 88,000
- Price per Square Foot: $2,340
The buyer of the property was Madison Capital, while the seller was Invesco. Representing the deal were Evan Layne and Brett Siegel from Eastdil Secured.
It's worth noting that Invesco originally purchased the property in 2012 for $140.5 million.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Richard Wagman & J. Joseph Jacobson
DATE: 07/30/2019
ADDRESS: 130 Prince Street
MARKET: Soho
ASSET TYPE: Office
PRICE: $206,000,000
SF: 88,000 PPSF: $2,340 ?
BUYER: Madison Capital
SELLER: @InvescoUS
BROKERS: Evan Layne & Brett Siegel – Eastdil Secured
NOTE: Invesco purchased the property for $140.5M in 2012View on map
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Address130 Prince Street
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