BECK STREET SELLS VADAM STREET BUILDING FOR $27.5M

NEW YORK CITY — Beck Street Capital has sold 100 Vadam St., a 40,435-square-foot office building between Greenwich and Hudson streets in New York City for $27.5 million. Built in 1913 as an electrical substation, the building was converted into a printing press before undergoing a major interior renovation in 1990. The building features a contemporary lobby, ornate barrel vaulted ceilings, exposed beams and arched windows. James Nelson and Robert Burton of Massey Knakal represented the seller in the transaction.