January 29, 2020
NKF brokered the latest sale of 37 Greene St. in Soho on behalf of Premier Equities for $15.4 million to Acadia Realty Trust. It was the latest in a string of recent purchases by Acadia along the Greene Street corridor, totaling more than $100 million.
The sale of 37 Greene’s 3,569-square-foot retail condominium was the sixth such Greene Street retail condo sale to Acadia that NKF arranged in recent months. NKF’s Brian Segall and George Martinecz were the sole brokers on these transactions.
“SoHo is one of the most dynamic markets in the country, even more valuable with retailers prioritizing quality locations,” Segall said. “We worked closely with ownership to identify a buyer that would benefit from such a rare portfolio of this size and stature — credit to Acadia for seizing the opportunity in the heart of this market.”
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