SOLD
KTB Financial Group & Jeff Sutton Acquire Office Building In Weehawken, NJ For $219M
1000 Harbor Boulevard
Office
617,187 SF
617,187 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Office
617,187 sqft
Located at 1000 Harbor Blvd. in Weehawken, NJ, an office property has been sold for a total of $219,000,000. The property spans a total of 617,187 square feet, resulting in a price per square foot of $354. The sale was finalized on December 2, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $219,000,000
- Address: 1000 Harbor Blvd., Weehawken, NJ
- Market: Weehawken, NJ
The buyers of the property were KTB Financial Group and Jeff Sutton. Assisting them in the transaction were brokers Aziz Kabbaj and Robert Chattah from Reshape. Reshape played a consultative role, representing Wharton Properties and KTB in structuring the programmatic joint venture.
Players
All
2
Agents
2
Details
SOLD
IMAGE: Michael Han, Yeonni Lee, Byungchul Lee, Robert Chattah, Jeff Sutton & Aziz Kabbaj
DATE: 12/02/2021
ADDRESS: 1000 Harbor Blvd.
MARKET: Weehawken, NJ
ASSET TYPE: Office
BUYER: KTB Financial Group & Jeff Sutton
BROKERS: Aziz Kabbaj & Robert Chattah - Reshape
SALE PRICE: $219,000,000
SF: 617,187 ~ PPSF: $354
NOTE FROM BROKER: Reshape acted as a consultant on behalf of Wharton Properties and KTB to structure the programmatic joint venture.View on map
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Address1000 Harbor Boulevard
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