Friday, 21 December 2018

Acuity Capital makes Williamsburg office play with $23M buy

Acuity Capital Partners has purchased 545 Broadway in Williamsburg for $23.25 million from Blesso Properties, according to sources familiar with the deal. The property is an office building that Acuity plans to renovate, and the deal includes a $25 million acquisition and construction loan from DW Partners. A JLL team of Brendan Maddigan and Ethan Stanton brokered the sale, and Galaxy Capital arranged the financing. This was the second sale in an assemblage that also […]



source https://therealdeal.com/2018/12/21/acuity-capital-makes-williamsburg-office-play-with-23m-buy/

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