HOBOKEN, NJ–The Curling Club Apartments, a 240-unit apartment complex here, has been sold to JPMorgan Chase for $125 million, GlobeSt.com has learned.

HFF had marketed the 15-year-old development on behalf of PNC Realty Investors, as investment advisor to the AFL-CIO Building Investment Trust, which acquired the property ten years ago. HFF announced Monday that it had closed the sale, but did not disclose the price or the buyer.

Lately, the largest deals in Hudson County across from Manhattan have been for multifamily development property in adjacent Jersey City, where JPMorgan is also weighing a major project right now. Last month, the state Economic Development Authority said it will award the company a Grow NJ tax incentive award totaling $224 million over ten years if it goes ahead with proposed expansion of its regional technology and operations hub in Jersey City.

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