375 West Broadway Update 01/18/22

SoHo Commercial Building Acquired for $130M

A 5-story commercial building at 375 West Broadway in Manhattan's SoHo neighborhood has just been acquired for $130 million. It was purchased by Macquarie Group from JP Morgan in a deal brokered by JLL.

Originally constructed in 1900, the building totals 61,040 square feet and contains office, retail, and storage space. The ground floor is currently occupied by a Gucci store location. In all, the structure contains 12 commercial units, which were renovated somewhat recently in 2014.

 

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