Manhattan, NY The Chetrit Group, a private real estate development firm, has acquired One Whitehall St., a 21-story glass and steel mixed-use office property, in the Financial District for $181.5 million. LoanCore Capital sponsored the transaction, providing a $167 million loan for acquisition financing and future funding. Cushman & Wakefield (C&W) arranged the deal for the seller and the buyer.
Doug Harmon, Adam Spies, Josh King, Adam Doneger, Marcella Fasullo and Kevin Donner arranged the sale of the 21-story asset, on behalf of seller Rudin Management.
“This was a rare and exceptional downtown offering and a strategic purchase for the private family buyer,” said Harmon, chairman of capital markets at C&W.
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