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NEW YORK CITY — Jones Lang LaSalle (JLL) has brokered the sale of a commercial loft property in New York City's TriBeCa neighborhood for $23 million. The property which is located at 60-66 White St., consists of three contiguous five-story buildings that contain retail and residential loft space. The seller, Blumberg Excelsior, will lease back a portion of the building from the buyer, Michelangelo Real Estate, and will hold a $14 million loan for the property for a 3-year period. JLL's Peter DeCheser and Rick DeRuyter negotiated the sale. The property traded at a 4.78 percent cap rate.