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Blackstone to buy four-property retail portfolio in Manhattan’s SoHo for $197.5 million

Deal comes after investment giant agreed to acquire West Coast grocery-anchored property owner for $4 billion

Blackstone has agreed to buy a four-property retail portfolio in Manhattan's SoHo, including 465 Broadway. (CoStar)
Blackstone has agreed to buy a four-property retail portfolio in Manhattan's SoHo, including 465 Broadway. (CoStar)

Private-equity giant Blackstone, the world's largest commercial property owner, has agreed to buy a four-property retail portfolio in Manhattan’s SoHo neighborhood, one of the major shopping corridors that has led the city in a retail rebound from the fallout of the pandemic.

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