Marcel Arsenault Of Real Capital Solutions Acquires 30 Montgomery Office Tower In Jersey City

30 Montgomery Street is a 16-story Class A office tower located in Jersey City's Exchange Place, comprising a total of 368,049 square feet. The property is currently 61% leased and has undergone over $30 million in upgrades, offering strong transit access within the market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Address: 30 Montgomery Street
• Market: Jersey City
• Asset Size: 368,049 SF
• Buyer: Marcel Arsenault - Real Capital Solutions (RCS)
• Buyer: Mark Kalkus - Lamar Companies

Marcel Arsenault and Mark Kalkus acquired the property as part of Real Capital Solutions' strategy to target repriced office assets with potential leasing upside, marking RCS’s entry into the Jersey City market. The terms of the transaction remain undisclosed.