Jamestown Fund Close to Buy Milk Studios Building for $300M
Start each day with GlobeSt.com's New York AM Alert for original coverage of the latest transactions and trends shaping the commercial real estate industry. Sign Up Today!
NEW YORK CITY-A Jamestown fund is close to purchasing the Milk Studios building situated in the Meatpacking District for $300 million. The eight-story, 325,000-square-foot office building at 450 W. 15th St. was converted from storage to commercial space.
Along with the photography studio, Chandler Chicco and Phillips de Pury are major tenants in the building. In 2008, Rockpoint and Stellar Management purchased the building for $161 million through Eastdil Secured's Adam Spies and Douglas Harmon. For the full story, go to New York Post .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Be sure to visit GlobeSt.com's NEW Sectors-to-Watch page for in-depth looks on the Hotels, Industrial, Multifamily, Office, Retail, Student Housing, Net Lease and Healthcare Real Estate markets.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.