CUSHMAN & WAKEFIELD ARRANGES $78 MILLION SALE OF JERSEY CITY’S 2 JOURNAL SQUARE
RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

CUSHMAN & WAKEFIELD ARRANGES $78 MILLION SALE OF JERSEY CITY’S 2 JOURNAL SQUARE

-

JERSEY CITY, N.J. – August 17, 2011 – (RealEstateRama) — Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group (CMG) has arranged the sale of 2 Journal Square Plaza, a landmark nine-story, 325,000-square-foot class A office building in Jersey City, N.J., representing seller Hartz Mountain Industries. The buyer in the $78 million transaction was Gaia Real Estate Investments in partnership with Phoenix Insurance and Menora Mivtachim Insurance, both based in Israel.

Previous articleCERVERA REAL ESTATE EXPANDS OPERATIONS WITH FIVE NEW SOUTH FLORIDA OFFICES; INCREASES TO MORE THAN 250 AGENTS
Next articleHomeside Properties Announces PCAM Designations