Mark Meisner's Birch Group Acquires Hudson River Office Building For $380M

The office building located at 101 Hudson Street in Jersey City is currently in contract. The property, situated along the Hudson River, is being sold by Mack-Cali Realty to Mark Meisner of the Birch Group. The transaction is being facilitated by brokers Adam Spies, Andy Merin, David Bernhaut, Kevin Donner, Gary Gabriel, and Frank DiTommaso of Cushman & Wakefield. The sale price for the building is set at $380,000,000. With a total square footage of 1,200,000, the price per square foot comes out to be $317.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $380,000,000
• Market: Hudson River, Jersey City
• Buyer: Mark Meisner - Birch Group
• Seller: Mack-Cali Realty - Mahbod Nia
• Brokers: Adam Spies, Andy Merin, David Bernhaut, Kevin Donner, Gary Gabriel, and Frank DiTommaso - Cushman & Wakefield

Mark Meisner of the Birch Group is the buyer of the office building, while Mack-Cali Realty, represented by Mahbod Nia, is the seller. The transaction is being handled by a team of brokers from Cushman & Wakefield, including Adam Spies, Andy Merin, David Bernhaut, Kevin Donner, Gary Gabriel, and Frank DiTommaso.