‘Jenga-like’ Jersey City Urby Leasing Quickly, Achieves Record Price Per Square Foot
In a first quarter activity report, Roseland gives insights into the leasing activity surrounding its most-recent residential development, Jersey City Urby.
Trump’s ‘Eighth Wonder Of The World’ Sells For Pennies On The Dollar
Hard Rock International buys Trump Taj Mahal in Atlantic City for four cents on the dollar of the $1.2 billion construction price.
Advance Realty Acquires The Metropolitan At 1300 Clinton Street, Hoboken
Advance Realty, developer of the recently opened Harlow, announced last week their acquisition of The Metropolitan, a residential and retail property at 1300 Clinton Street in Hoboken.
200 Washington Street, Newark, Sells for $4.1 Million
200 Washington St, a two-story building in Downtown Newark, recently sold for $4.1 million, a sign of Newark's ever-increasing interest among investors.
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.
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.
