NEW YORK CITY-Swig Equities has retained Eastdil Secured to market its 900,000-square-foot 110 William St. office building for sale.
The property located in the Financial District, was acquired in 2004 from Trizec Properties for $164.5 million, according to The Real Deal. Adam Spies, senior managing director at Eastdil, denied that the firm had been retained by Swig, but sources told the newspaper that brokers with the firm were marketing the property in an off-market structured transaction.
110 William St. is currently 99% leased, according to data from CoStar Group. The building's largest tenants include the New York City Economic Development Corp., the New York City Housing Development Corporation and the New York Liquidation Bureau, which lease 64,000 square feet and 116,500 square feet, respectively at the office property. See story in The Real Deal.
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