Macquarie affiliate buys Gucci's SoHo location in NYC for $130M – The Real Deal

An offshore family office advised by Macquarie Asset Management Inc. acquired the 375 W. Broadway building in New York City's SoHo neighborhood from an institutional owner advised by JP Morgan Global Alternatives for $130 million, The Real Deal reported.

The 100%-leased property has 60,000 square feet of office space atop a 10,000-square-foot Gucci store on the ground floor.

The office portion is leased to Block Inc., which owns digital payment service Cash App Investing LLC, music streaming application Tidal Music AS and cryptocurrency platform TBD54566975, according to the publication.

JLL represented the seller.