NEW YORK CITY-Trevi Retail has snapped up its 13th Manhattan property after launching eight months ago. The fledgling investment firm has bought a retail condominium unit measuring 9,000 square feet at 189 Eighth Ave. on West 20th Street in Chelsea for $13.5 million.
The real estate investment firm has assumed the $6-million CMBS loan on the retail condo. Local developer Arun Bhatia was the seller. The retail condo is leased to a Rite Aid and MNS. For the full story, go to Crain's New York Business .
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