NEW YORK CITY-Atlas Capital Group has purchased the 434 Broadway office building in Soho for $62 million.

The Manhattan-based firm acquired the 58,500-square-foot, nine-story building from the Georgetown Group, which acquired the property in 2010 for $41 million, according to The Real Deal.

Jones Lang LaSalle broker Yoron Cohen brokered the transaction. The brokerage firm is in charge of marketing the property. See story in The Real Deal.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.