JERSEY CITY, NJ – Vision Properties and Hana Alternative Asset Management have acquired a 431,281-square-foot office building in Jersey City, NJ for $300 million.
The property was purchased from joint-venture partners, Danish institutional investor PFA Pension and Spear Street Capital.
Located at 70 Hudson St., the asset features a new atrium lobby, upgraded common corridors and retail entryways, new premier tenant buildouts, an updated roof, a renovated parking garage and a dedicated parking structure with more than 225 spaces.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.