Friday 25 October 2019

Acadia plows ahead with $122M retail investment in Soho

Soho has been one of Manhattan’s more troubled retail corridors in recent years. But, anticipating a rebound, Acadia Realty Trust has been scooping up storefronts in the neighborhood, particularly along Greene Street. In its third-quarter filing Thursday, the real estate investment trust said it had closed on another $25.1 million of its previously announced plans to acquire some $122 million worth of retail assets along Greene Street. The new acquisitions cover seven properties with an



source https://therealdeal.com/2019/10/25/acadia-plows-ahead-with-122m-retail-investment-in-soho/

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