National Commercial Real Estate News From CoStar Group
RE Equities Corp Acquires 375 Broadway for $81M
Real Estate Equities Corporation has acquired the mixed-use building at 375-377 W. Broadway in New York City from Ellwell Associates LLC for $81 million, or about $1,500 per square foot.
The five-story, 55,710-square-foot office building was constructed in 1863 on a quarter-acre in Manhattan's Soho district, between Broome and Spring Streets. It offers 11,000 square feet of ground-floor retail space with 56 feet of frontage, currently leased to...