Hines Interests Acquires Two Jersey City Multifamily Buildings for $222M Hines JPMorgan Asset Management CBRE #TradedNJ #NewJersey #RealEstate #JerseyCity
Traded: New Jersey
Real Estate
Jersey CIty, New Jersey 9,565 followers
Recent CRE Transactions in New Jersey.
About us
Recent commercial Real Estate Transactions in #NewJersey.
- Website
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http://Traded.co
External link for Traded: New Jersey
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- Jersey CIty, New Jersey
- Type
- Partnership
Locations
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Primary
Jersey CIty, New Jersey, US
Employees at Traded: New Jersey
Updates
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SALE Learn More: https://lnkd.in/e-hqm-9i IMAGE: Chris Aufiero DATE: 07/08/2024 ADDRESS: 45 East Palisades Boulevard MARKET: Palisades Park ASSET TYPE: Multifamily BROKER: Chris Aufiero - Ridgeco Properties SALE PRICE: $1,150,000 NOTE: Chris Aufiero of Ridgeco Properties brokered the sale of a charming two-family home at 45 East Palisades Boulevard in Palisades Park for $1,150,000. The property features separate units with three bedrooms, bathrooms, and amenities like a basement family room, washer/dryer, and garage, offering a great investment opportunity near transportation and shopping amenities. #NewJersey #RealEstate #TradedNJ #PalisadesPark #Multifamily #ChrisAufiero #RidgecoProperties
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LOAN Learn More: https://lnkd.in/e9_VKAkz IMAGE: Albert Fitch & Steven M. DATE: 07/12/2024 ADDRESS: 415 Paterson-Hamburg Turnpike MARKET: Wayne ASSET TYPE: Industrial ~ SF: 353,000 LENDER: Truist LANDLORD: Albert Fitch & Steven Millstein - The STRO Companies LOAN AMOUNT: $25,000,000 LOAN TYPE: Refinance NOTE FROM LANDLORD: 415 Hamburg Turnpike is a last mile industrial facility comprised of over 353,000 square feet in Wayne, NJ. The asset provides excellent connectivity to local suburban markets, New York City and the Ports of Newark, providing tremendous value to their tenants. The property has continued to remain fully leased throughout STRO’s ownership. “We are thrilled to have completed this transaction with Truist.” said Albert Fitch, STRO’s Managing Director of Acquisitions and Capital Markets. “We are eager to continue purchasing more industrial warehouses in Northern New Jersey and the Southeast Region of the United States. We have a considerable amount of capital to deploy and are interested in core+, value-add, and opportunistic acquisitions,” said Fitch. #NewJersey #RealEstate #TradedNJ #TradedPartner #Wayne #Industrial #AlbertFitch #StevenMillstein #TheSTROCompanies #Truist
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SALE Learn More: https://lnkd.in/eqRUM5an IMAGE: Joseph Spinella DATE: 06/28/2024 ADDRESS: 151-157 Hillside Avenue MARKET: South River ASSET TYPE: Mixed-use BUYER: Luis Duarte SELLER: Bill Paley BROKER: Joseph Spinella - KW Commercial SALE PRICE: $875,000 SF: 9,000 ~ PPSF: $97 #NewJersey #RealEstate #TradedNJ #TradedPartner #SouthRiver #Mixeduse #JosephSpinella #KWCommercial #BillPaley #LuisDuarte
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SALE Learn More: https://lnkd.in/dHvugsJv IMAGE: Ken DeGrave & David Wilson DATE: 07/15/2024 ADDRESS: 359 Cator Avenue MARKET: Jersey City ASSET TYPE: Multifamily BUYER'S REP: Kenneth DeGrave - Compass SELLER'S REP: David Wilson - Realty Executives Signature Homes SALE PRICE: $1,010,000 UNITS: 2 ~ PPU: $505,000 NOTE: A luxurious two-family home at 359 Cator Avenue in Jersey City sold for $1.01 million, represented by Kenneth DeGrave of Compass for the buyer and David Wilson of Realty Executives Signature Homes for the seller. Each unit features 6 bedrooms, 5 baths, hardwood floors, stainless steel appliances, private balconies, and a finished basement, with a garage and three additional parking spaces. #NewJersey #RealEstate #TradedNJ #JerseyCity #Multifamily #DavidWilson #RealtyExecutivesSignatureHomes #KennethDeGrave #Compass
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SALE Learn More: https://lnkd.in/e6imtrWV IMAGE: Urszula Sobolewska-McKee & Kate Plosia DATE: 07/12/2024 ADDRESS: 177-179 Ray Street MARKET: Garfield ASSET TYPE: Multifamily BUYER'S REP: Katherine Plosia - Terrie O'Connor Realtors SELLER'S REP: Urszula McKee - CENTURY 21 Gold Advantage SALE PRICE: $1,337,500 NOTE: 177-179 Ray Street in Garfield sold for $1,337,500. The property includes two buildings: a 4-unit brick structure with 2-bedroom apartments and a single-family house, presenting potential for diverse rental income streams and tenant utility arrangements. #NewJersey #RealEstate #TradedNJ #Garfield #Multifamily #UrszulaMcKee #Century21GoldAdvantage #KatherinePlosia #TerrieOConnorRealtors
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SALE Learn More: https://lnkd.in/ekdegYiU IMAGE: John Haydu DATE: 07/15/2024 ADDRESS: 36 Buttonwood Road MARKET: Essex Fells ASSET TYPE: Multifamily ~ ACRES: 0.27 BROKER: John Haydu - Keller Williams Realty, Inc. SALE PRICE: $1,200,000 NOTE: In Essex Fells, 36 Buttonwood Road, a multifamily property spanning 0.27 acres, was sold for $1,200,000. The transaction was handled by John Haydu of Keller Williams, marking a significant deal in the local real estate market. #NewJersey #RealEstate #TradedNJ #EssexFells #Multifamily #JohnHaydu #KellerWilliams
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LOAN Learn More: https://lnkd.in/eUpyfWTn IMAGE: Brian Lawrence DATE: 07/16/2024 ADDRESS: 1 Applewood Drive MARKET: Freehold ASSET TYPE: Senior Housing ~ UNITS: 408 ~ ACRES: 44 LANDLORD: Brian G. Lawrence - FellowshipLIFE BROKER: Ziegler LOAN AMOUNT: $42,500,000 LOAN TYPE: Acquisition Loan NOTE: Ziegler secured $42.5 million in bond financing for the acquisition of Applewood, a continuing care retirement community in Freehold, New Jersey. The facility spans 44 acres and includes 300 independent living units, 37 assisted living units, 11 memory care units, and 60 skilled nursing units, financed through a combination of tax-exempt and taxable debt. #NewJersey #RealEstate #TradedNJ #Freehold #SeniorHousing #BrianGLawrence #FellowshipLIFE #Ziegler
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SALE Learn More: https://lnkd.in/eT7Wm5rz IMAGE: Jeffrey Goldfinger & Steve Bussel DATE: 07/16/2024 ADDRESS: 936-940 South Elmora Avenue MARKET: Elizabeth ASSET TYPE: Industrial SELLER: 936 South Elmora Avenue LLC BROKERS: Jeffrey Goldfinger & Steve Bussel - Bussel Realty Corp SALE PRICE: $3,200,000 SF: 18,200 ~ PPSF: $176 NOTE: Bussel Realty Corp. facilitated the $3.2 million sale of an 18,200-square-foot industrial building at 936-940 S. Elmora Ave. in Elizabeth to Heaven Investments LLC. The property features office space, ample parking, and convenient access to major transportation routes, including the New Jersey Turnpike and Newark Liberty International Airport. #NewJersey #RealEstate #TradedNJ #Elizabeth #Industrial #JeffreyGoldfinger #SteveBussel #BusselRealty #936SouthElmoraAvenueLLC
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SALE Learn More: https://lnkd.in/ea7zD4MV IMAGE: Joel Valverde & Rebecca La Pira DATE: 07/12/2024 ADDRESS: 407 Terrace Avenue MARKET: Hasbrouck Heights ASSET TYPE: Multifamily BROKERS: Joel Valverde & Rebecca LaPira - Remax Signature Homes SALE PRICE: $1,100,000 NOTE: 407 Terrace Avenue in Hasbrouck Heights sold for $1,100,000. This multi-family property features 3 bedrooms and 2 bathrooms on each floor, a detached 2-car garage, a large basement with laundry facilities, and is located close to amenities and public transportation. #NewJersey #RealEstate #TradedNJ #HasbrouckHeights #Multifamily #RebeccaLaPira #ReMaxSignatureHomes #JoelValverde