SECAUCUS, NJ—Private investor ZI One Harmon Plaza acquired One Harmon Plaza in Secaucus, NJ from a joint venture between Mountain Development Corp. and PCCP for $34.25 million. CBRE arranged the off-market transaction.
“By using the CBRE platform and leveraging relationships, we were able to identify and secure an exceptional, stabilized investment opportunity for our private investor,” says Samuel Bernhaut, vice president of CBRE Advisory and Transaction Services, who led the CBRE team on the transaction. “Our team looks forward to assisting the new ownership in building on the momentum created by Mountain Development and PCCP, to maximize the potential of this one-of-a-kind asset.”
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