Secaucus Office Building Sells for Almost $35M

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One Harmon Plaza Sold Secaucus
One Harmon Plaza, Secaucus. Photo courtesy CBRE.

An office building along the Hackensack River at the edge of the Meadowlands has new owners.

A statement issued last week by CBRE says that 1 Harmon Plaza, which is located off of Meadowlands Parkway in Secaucus, was just sold for $34.25 million by Woodland Park-based Mountain Development Corp. and Pacific Coast Capital Partners, also known as PCCP, LLC. The two firms acquired the nearly 200,000-square-foot building four years ago and reportedly conducted significant renovations to the property’s parking garage and lobby. A new fitness center and a cafeteria were also added before this off-market deal, according to the statement.

The new owner of the building is a private investment firm that is simply known as ZI One Harmon Plaza, LLC. Filings from the New Jersey Division of Revenue and Enterprise Services show that the company was registered with the state in June, but the municipality where the LLC is based is not listed on the division’s database.

1 Harmon Plaza, which overlooks the Manhattan skyline and much of Hudson County, is home to the offices of Assemblyman Pedro Mejia, Noble Construction Group, Intersection, and TOA Electronics. In addition, The Jersey Journal moved its newsroom to the building in 2014 after leaving its longtime headquarters in Jersey City’s Journal Square.

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