NEW YORK CITY — JMC Holdings purchased retail space at 156-168 Bleecker St. in Greenwich Village for $30.6 million, with plans to upgrade the retail and take advantage of New York University's expansion plans less than one block away. JMC acquired the 27,000-square-foot building in a joint venture partnership with RWN Real Estate Partners, a New York-based real estate private equity fund. Sovereign Bank financed part of the acquisition with an $18.5 million first-mortgage loan. The property is fully leased to seven tenants, including CVS Pharmacy, Chase Bank and nightclub Le Poisson Rouge. The new owners are planning a $1.8 million renovation to the site. Berko & Associates represented the seller, NTD Building LLC. JMC Holdings was self-represented.
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