Hoboken’s Waterfront Corporate Center III Has a New Owner
The U.S. subsidiary of Japan’s largest publicly-traded real estate company has just purchased a majority stake in one of Hoboken’s most modern office buildings, proving that the age-old wisdom of “location, location, location” hasn’t changed much.
Urban Edge Properties to Buy Hudson Mall for $43.7 Million
Urban Edge Properties announced yesterday that it has entered into a $43.7 million contract to purchase Hudson Mall in Jersey City. The property, located on Route 440, spans 383,000 square feet and contains anchor tenants Marshalls, Toys "R" Us, Staples, and Old Navy.
Marc Brenner, Nest Seekers Sets Sales Record for True 1-Family Downtown
A property we previously featured on Jersey Digs has now closed and with it set the record for the highest priced sale for a true 1-family property downtown.
KABR Group and Kushner Cos Purchase 16-Story Journal Square Building
Kushner Companies and The KABR Group have announced their purchase of a commercial tower at 26 Journal Square. The companies plan to turn the building into "a hub for creative firms."
Thor Equities Acquires Historic Bank Building in Hoboken
Thor Equities announced yesterday its purchase of the historic “The Up-town Bank” building at 1400 Washington Street in Hoboken.
The Monarch in East Rutherford Trades Hands for $91.5 Million
Directly across from MetLife Stadium sits The Monarch, a 316-unit luxury apartment community, that just traded hands for $91.5 million. The relatively new community was completed in 2014 and currently sits at 97% leased.
Prominent Bayonne Mixed-Use Building Sells for $3.2 million
A private investor just plunked down $3.2 million for a 29,577 square foot mixed-use building in Bayonne known as Broadway Plaza. The 5-story building at the corner of Broadway and 22nd Street is comprised of office suites above ground floor retail.
