KTB Financial Group & Jeff Sutton Acquire Office Building In Weehawken, NJ For $219M

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.