HROGROUPHROGROUP
New York,USA

Manhattan Mall

Area : 91 000 sqm

– Acquired on behalf of an institutional client
– Off-market transaction, pre-empting a large public auction process
– Mixed use property with office, retail, and a children’s wear industry center
– Large core asset in a core market with long-term stable cash flow
– Upside from leasing vacant retail and office space
– Additional potential upside through the sale, development or internal re-use of up to 250,000 square feet of air rights
– Increased occupancy from 88% to 97%
– Disposed of asset on behalf of our client

ARCS DE SEINE

175 WATER STREET

BROAD FINANCIAL CENTER

RELIANT ENERGY PLAZA

RIVES DE BERCY