HOBOKEN, NJ—Thor Equities, which specializes in urban real estate development, leasing and management, has acquired 1400 Washington Street in uptown Hoboken, NJ.
The 6,000-square-foot, two level landmark bank building features more than 115 feet of wraparound frontage on 14th Street and Washington Street. The former home of the Hudson Reporter newspaper offices will be renovated and repositioned into a prime retail asset. A spokesman for Thor Equities declined to provide the name of the seller or the dollar amount of the transaction.
“Uptown Hoboken is continuing to evolve into a premier residential and retail destination, and 1400 Washington Street is in the epicenter of this transformation,” says Melissa Gliatta, COO of Thor Equities.
1400 Washington Street is less than a five-minute walk from over 1,000 high-end residences at Hudson Tea, 1450 Washington St., 1500 Garden St. and Park + Garden, with 900 Monroe Street, Harborside Lofts and Maxwell Place also located nearby.
Recent additions to the area's retail scene include Athleta, Gap and Anthropologie. On the restaurant front, Del Frisco's Grille on River Street recently joined Hoboken mainstays Madison Bar & Grill and City Bistro.
HOBOKEN, NJ—Thor Equities, which specializes in urban real estate development, leasing and management, has acquired 1400 Washington Street in uptown Hoboken, NJ.
The 6,000-square-foot, two level landmark bank building features more than 115 feet of wraparound frontage on 14th Street and Washington Street. The former home of the Hudson Reporter newspaper offices will be renovated and repositioned into a prime retail asset. A spokesman for Thor Equities declined to provide the name of the seller or the dollar amount of the transaction.
“Uptown Hoboken is continuing to evolve into a premier residential and retail destination, and 1400 Washington Street is in the epicenter of this transformation,” says Melissa Gliatta, COO of Thor Equities.
1400 Washington Street is less than a five-minute walk from over 1,000 high-end residences at Hudson Tea, 1450 Washington St., 1500 Garden St. and Park + Garden, with 900 Monroe Street, Harborside Lofts and Maxwell Place also located nearby.
Recent additions to the area's retail scene include Athleta, Gap and Anthropologie. On the restaurant front, Del Frisco's Grille on River Street recently joined Hoboken mainstays Madison Bar & Grill and City Bistro.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
