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$13M ReFi for Boutique Offices in SoHo
The boutique offices at 135 Bowery are now fully-leased after a 2016 redevelopment by Caspi Development and RWN Real Estate Partners. The partners have borrowed $12.5 million from BBVA Compass Bank to refinance the stabilized building in Manhattan’s SoHo neighborhood.
Built in 1900, the eight-story building includes ground floor retail occupied by a high-end restaurant, and open floor plates and 10-foot ceilings above. The 21,308-square-foot building also offers reclaimed wood details and private terraces for two of its suites.
Tenants include lola/VFX, Bullish, Tradewind, breather, Martin Lui & Associates, Minds+Assembly and RTS Ventures.
For comments, questions or concerns, please contact our New York commercial real estate editor Bendix Anderson
- ◦Financing

