Cannon Hill Capital Partners recapitalized the 220,000-square-foot office building at 888 Broadway in the Flatiron District for over 200 m, bringing in Williams Equities and Eyal Ofer’s Global Holdings as equity partners. Williams added its fee title at 38 East 19th Street, an annex to the property. Netflix leases 100,000 square feet, and the building, recently renovated, is 90% occupied. Colliers will handle leasing. Cannon Hill previously acquired Normandy Investment Management, while Ofer’s Global Holdings recently extended a 335 m construction loan for a Gramercy Park project.
888 Broadway
