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 waterfront property, located at 70 Hudson St., was purchased from a joint-venture partnership between Spear Street Capital and Danish institutional investor PFA Pension.

Cushman & Wakefield represented the seller and arranged the sale. The Cushman & Wakefield team comprised David Bernhaut, Adam Spies, Kevin Donner, Marcella Fasulo, Andrew Merin, Gary Gabriel, Frank DiTommaso and Ryan Larkin, as well as local leasing specialists Ed Duenas and Rob Lowe.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.