NEW YORK CITY-Private realty investment company, Beck StreetCapital has earned huge profit by selling six stores in BleeckerStreet to American Realty Capital. The properties are located at382-384, 387 and 367-369 in Bleecker Street.
American Realty has paid $34 million for the properties. MasseyKnakal Realty Services brokered the deal. Beck Street bought theretail assets in 2003 for $17.8 million. Marc Jacobs, Mulberry,Burberry and Michael Kors are some of the tenants. For thefull story, go to Wall Street Journal.
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