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$31M Transaction For Sale Of Historic Jersey City Building

Attorney Michael Connolly participated in the facilitation of a real estate transaction on behalf of Journal Square Properties, LLC for the sale of a historic 200,000 square foot, 12-story office building at 35 Journal Square in Jersey City, NJ.

The $31 million deal is representative of the current real estate market, with investors looking outside of Manhattan and finding hot, affordable properties in the up-and-coming neighborhoods of New Jersey.

Our firm is handling an ever increasing number of commercial property transactions in the New Jersey metropolitan areas. We offer our clients a unique value in the diversity of our expertise and familiarity with the landscape, which we apply in a transactional context to avoid delays and potential risks that may go unseen by others. -Michael J. Connolly, attorney

Read the related news article online in the New Jersey Business Journal.