The company finalized a $23.75 million deal to transfer the 58-unit mixed-use property to a New York-based holding company, but has retained the rights for the undeveloped second phase slated for a lot across the street.
The Coe Mansion, which was the subject of an adaptive reuse development proposal last year, now has a new owner.
Caesars Entertainment has sold the Boardwalk-fronted property to a Rhode Island-based company.
A company called Bayonne Luxury Waterwalk acquired a tract on West 5th Street. Development could be in store for the property.
The block-long mixed-use property, dubbed the Liberty Innovation Centre, will soon be changing hands and is looking to draw tech, healthcare, and medical tenants to the space.
Continental Plaza in Hackensack, New Jersey, has sold for $123 million, the highest price paid for an office building in Bergen County in over five years.
In Bergen County, a three-property multifamily portfolio with a total of 87 residential units has sold for a total of $15,725,000.
The mixed-use property has eight residential units and 10,000 square feet of office and retail space.
A private real estate investment firm has purchased the sprawling American Metro Center office complex in Hamilton, once an American Standard manufacturing facility, for $84.7 million.
New York-based investment firm Maya Capital Partners, Harbor Group International, and a private family office recently acquired an 80-unit development in Union City.