NH Investment & Securities has acquired the residential component of The Dime, a mixed-use project in Williamsburg that also features office and retail, a source tells GlobeSt.com. The project sponsors, Tavros Capital Partners and Charney Companies, sold the 23-story, 340,000-square-foot multifamily property located at 275 South 5th St., with Cushman & Wakefield's Adam Spies, Adam Doneger, Marcella Fasulo and Dan OBrien arranging the sale.
Cushman & Wakefield declined to comment.
Located between Havemeyer St. and Marcy Ave., the rental building has been integrated into the original home of the Dime Savings Bank.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
