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Savanna Sells SoHo Shops for $80M

14,000-SF Retail Condo Trades at 465 Broadway
By Justin Sumner
CoStar News
July 15, 2013 | 4:02 P.M.

A joint venture of ASB Capital Management LLC, Imperium Capital, and Centurion Realty LLC has acquired the 14,039-square-foot retail condo portion of 465 Broadway (aka 40 Mercer St.) in New York City for $80 million, or about $5,700 per square foot, from Savanna.

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