Gazit-Globe buys Williamsburg retail condo for $47M

Israeli company Gazit-Globe has made another major purchase in the Brooklyn retail market. The firm purchased the retail condo of the Edge in Williamsburg from Madison Marquette for $47.3 million, according to property records. Madison Marquette put the property on the market last year for $50 million. The retail condo spans about 60,000 square feet, and tenants include CVS and Brooklyn Harvest Market. Madison Marquette bought the space with a silent partner for $45.5 million […]Home Page,Popular