 |
| Photo by CBRE |
A New York investor has agreed to pay about $43 million to buy three loft office buildings in the Fulton Market neighborhood from developer Sterling Bay. Property investment company Alvarez & Marsal will acquire the properties at the northwest corner of Fulton Market and Elizabeth Street, sources close to the deal confirmed. The sale comes more than three years after Sterling Bay and partner J.P. Morgan Asset Management bought the buildings at 300, 316 and 320 N. Elizabeth as part of a larger $22 million deal to acquire the entire block bounded by Fulton Market, Elizabeth, Carroll Avenue and Ada Street. Read More....
No comments:
Post a Comment