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PRESS RELEASE: Praedium and NorthEnd Equities Sell 16 West 36th Street in Manhattan
2013-08-14 19:08:00| National Real Estate Investor
Great Ink The Praedium Group, a New York City-based national real estate investment firm, and partner NorthEnd Equities, a Manhattan-based private commercial real estate company, have sold the leasehold interest in 16 West 36th Street in Manhattan to Kiamie Industries, Inc. In a little over a year since acquiring the asset, the partners sold the building for $12.9 million. After purchasing the building in February 2012, Praedium and NorthEnd implemented a strategic leasing and capital improvement program that enhanced the 13-story office and retail asset. The property is located in the Midtown South neighborhood. read more
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Category:Real Estate