New York & Tri-State + Downtown New York + Office | May 27, 2021

DivcoWest Finalizes Deal for 325 Hudson St.

DivcoWest has completed its purchase of 325 Hudson St., a 10-story, mission-critical property located at Hudson and Vandam streets in Hudson Square. The seller was Jamestown Properties, and the purchase price reportedly exceeded $150 million.

The approximately 220,000-square-foot flexible building sits atop the fiber-dense Hudson Street corridor and offers a Meet Me Room (MMR) ecosystem with direct access to more than 40 fiber networks and five transatlantic subsea cables.

DivcoWest will maintain a core interconnection colocation managed by H5 Data Centers, while also investing in the remaining space to deliver creative and collaborative environments for tenants.

“This building offers real optionality for a variety of users,” said Ariel Aber, DivcoWest’s head of the New York region. “There is tremendous interstitial space between floors, which will appeal to research use, while the large floor plates with clear window lines will also benefit life science and creative office users.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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