Heng Sang Realty Corporation landed a $60 million loan for a Soho building that is home to a Zara flagship store. The building, at 503 Broadway, is a five-story property that sits between Spring and Broome Streets. The property was the site of a record sale in 2015. Inditex, the parent company of Zara, paid $19,000 per square foot (a total of $280 million) for a 47,000-square-foot retail condo in the building. Zara’s space covers […]
source https://therealdeal.com/2018/06/29/heng-sang-realty-lands-60m-loan-for-zara-flagship-site/
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