Jose Cruz |
FLORHAM PARK, NJ – HFF announced today that it has closed
the sale of Curling Club Apartments, a 240-unit, Class A multi-housing
community in Hoboken, New Jersey.
HFF
marketed the property on behalf of PNC Realty Investors, Inc., as investment
advisor to the AFL-CIO Building Investment Trust. The property was purchased free and clear of existing debt.
Curling Club Apartments encompasses a full city block in the uptown
Hoboken submarket between Grand and Adams Streets and 12th and 11th Streets as
well as the northern half of the block between Clinton and Grand Streets and
12th and 11th Streets.
Kevin O'Hearn |
Completed in 1999, the property consists of four five-story
residential buildings above a single level parking garage as well as a
free-standing, single-story clubhouse and an interior courtyard. All of the apartments are two-bedroom,
two-bathroom units.
Community amenities at the pet-friendly residence include a
fitness center, resident’s lounge, storage units and garage parking. Residents also benefit from shuttle service
to the PATH station.
Michael Oliver |
The
HFF investment sales team representing the seller was led by Jose Cruz,
Kevin O’Hearn and Michael Oliver out of the New Jersey office and Andrew
Scandalios and Jeff Julien from the New York City office.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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