Cushman & Wakefield Brokers $8.7M Sale of Vacant Building in Tribeca

NEW YORK CITY — Cushman & Wakefield has arranged the $8.7 million sale of 272-274 Canal St., a 6,600-square-foot vacant building in the Tribeca neighborhood of Manhattan. Will Suarez,Maurice Suede and Sean Rucker of Cushman & Wakefield represented the undisclosed seller in the transaction. The four-story loft building is located on Canal Street between Broadway and Lafayette streets. The foreign buyer, who was undisclosed, plans to transform the property into a boutique office building with 89 feet of wrap-around, ground-floor retail space. The building offers 8,955 buildable square feet.