DivcoWest pays $134.1M to Jamestown for office building in Soho

DivcoWest through the entity Dwf VI 325 Hudson, LLC paid $134.1 million to Jamestown through the entity Jamestown 325 Hudson, L.P. for the office building (O6) at 325 Hudson Street in Soho, Manhattan.
The deal closed on May 20, 2021 and was recorded on June 2, 2021.
The property has 193,813 square feet of built space and 973 square feet of additional air rights for a total buildable of 194,700 square feet according to PincusCo analysis of city data. The sale price per built square foot is $692 and the price per buildable square foot is $688 per the PincusCo analysis.
Jamestown bought the building in 2012 for $110 million.
The signatory for Jamestown was Matt Bronfman. The signatory for DivcoWest was Kenneth Wong.
(103743736)The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on August 1, 2012.
Matt Bronfman is the CEO of Jamestown.

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