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Acquisitions

Madison Capital scoops up 130 Prince Street

Madison Capital has acquired an office building at 130 Prince Street in Soho from Invesco Real Estate for $206 million. The five-story property spans 88,000 square feet, and contains a valuable retail component on the ground floor. 

  • Worth Noting: MAC – cosmetic brand owned by Estee Lauder – recently vacated the office space. Tech company Square was rumored to be eyeing the entire office component (70,000 SF) this past March.
  • Flashback: Invesco paid $140.5 million for the property in 2012, and subsequently renovated it.
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