Northwood buys two SoHo buildings for $325m
Transactions - MAY 24, 2021

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Northwood buys two SoHo buildings for $325m

by Andrea Zander

Northwood Investors has agreed to pay $325 million for a pair of mixed-use buildings in the heart of the New York City’s SoHo neighborhood, the Wall Street Journal reported.

The two buildings at 520 and 524 Broadway have a combined 180,000 square feet of office space and 60,000 square feet of retail space. The properties are 90 percent leased.

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