New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
KPG Markets Newly Completed Boutique Offices for Sale
KPG Funds, the New York-based owner and developer of boutique Class-A office buildings, held the grand opening of its newly completed Le Gallerie. The seven-story 62,000-square-foot office building is centrally located in Greenwich Village at 132 W. 14th St. and offers floorplates ranging from 6,000 to more than 8,500 square feet.
JLL Capital Markets is exclusively selling the property. The team includes managing directors Jonathan Hageman and Vickram Jambu, who are working closely with KPG Funds to secure an investor or a single tenant to purchase the property.
KPG Funds oversaw the complete transformation of Le Gallerie, redesigning an existing structure to incorporate modern amenities and features. “Le Gallerie is a rare offering in a highly coveted submarket with an extremely limited supply of newly developed 7-Star quality office space,” said Hageman. “KPG Funds has delivered the very best product of its kind in the market. As the city’s leasing market continues to outperform expectations, we anticipate a great deal of interest in this property.”
- ◦Sale/Acquisition
- ◦Development