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Fulton Market Acquisition Advances Strategic Assemblage
Greenstone Partners represented Vista Property in the acquisition of 413 N. Carpenter St. in the Fulton Market District. Encompassing a 23,326-square-foot parcel and a 21,00-square-foot mixed-use building, the acquisition continues a strategic assemblage of properties that Vista began earlier this year with the purchase of 400 & 401 N. Morgan St., also arranged by Greenstone.
“In Fulton Market, there are limited opportunities to assemble multiple acres of adjacent properties providing a unique opportunity for a large‐scale development plan.” said Greenstone CEO Danny Spitz, who represented Vista.
Vista principal Hymie Mishan said, “While there are other individual sites in Fulton Market that have proposed projects, we have more than three acres on three corners. It’s very rare in an urban setting to be able to design a set of complementary buildings at this scale.”
Jed Skae of @properties represented the seller, a local partnership.
- ◦Sale/Acquisition
- ◦Development
