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| 626-acre site sold at 175 Sip Avenue in the Journal Square neighborhood of Jersey City, NJ |
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| Jose Cruz |
MORRISTOWN, NJ –– Holliday Fenoglio Fowler, L.P.
(HFF) announces that it has closed the sale of the .626-acre site at 175 Sip
Avenue in the Journal Square neighborhood of Jersey City, New Jersey.
175 Sip Avenue is in the heart of Journal Square, a rapidly
gentrifying Jersey City neighborhood, and within walking distance to
restaurants, new retail and the Journal Square Path Station, which takes
passengers into Manhattan in less than 15 minutes.
The HFF team included senior managing director Jose Cruz
and director Marc Duval.
“There is strong demand for redevelopment sites in Jersey
City and this location is well suited given it immediate access to a major
roadway,” Cruz said.
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| Marc Duval |
About HFF
HFF and its affiliates operate out of 26 offices and are a
leading provider of commercial real estate and capital markets services to the
global commercial real estate industry.
HFF, together with its affiliates, offers clients a fully
integrated capital markets platform, including debt placement, investment
advisory, equity placement, funds marketing, M&A and corporate advisory,
loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF
Securities Limited are owned by HFF, Inc. (NYSE: HF).
HFF and Holliday GP Corp. ("HFF") are licensed New Jersey real estate brokers. For more
information, please visit hfflp.com or follow HFF on Twitter @HFF.
CONTACTS:
JOSE CRUZ
NJ Lic. #8743725
HFF Senior Managing Director
(973) 549-2000
KIMBERLY STEELE
HFF
Digital Content/Public Relations Specialist
(713)
852-3420
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