NEW YORK CITY-Sierra Realty is leasing out 40,000 square feet ofspace in a seven-story building located at 140 William Street.

Sierra Realty had purchased the building for $11.35 million fromformer owner Kent Swig. Sierra Realty stated that the company wouldbe open to leasing out the property to both commercial andresidential tenants. The asking rate for the building is $120 persquare foot per annum for retail space and about $30 per squarefoot for office space. For the full story, go to New York Observer.


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