Home of Gucci’s West Broadway Store Trades for $130M

The 70,000-square-foot building located at 375 West Broadway in Manhattan’s SoHo neighborhood has traded for $130 million. The property located between Spring and Broome Streets was purchased by an undisclosed offshore family. Currently fully leased, with a “weighted average lease term of less than 5-years, the building includes 60,000 square feet of office space and 10,000 square feet of retail space that is currently home to luxury fashion brand Gucci.

Source:    https://therealdeal.com/2022/02/02/guccis-soho-location-sold-to-offshore-buyer-for-130m/