Thor Equities Group Acquires Property At 95 Greene St Jersey City For $94.5M With JLL Rep

Thor Equities Group has acquired an office building located at 95 Greene St, Jersey City, NJ, in the Jersey City market for $94.5 million. The property encompasses a total of 337,888 square feet and was originally utilized as a primary manufacturing facility for Colgate Palmolive until 1987, when it underwent conversion into a Class A office building. The site also boasts convenient access to the Exchange Place rail station and Newark Airport.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $94,500,000.00
• Address: 95 Greene St, Jersey City, NJ, 07302
• Square Footage: 337,888
• Buyer: Thor Equities Group
• Seller's Representatives: Daniel Loughlin-JLL, John Cunningham-JLL

Daniel Loughlin, Jose Cruz, and John Cunningham comprised the JLL team representing the seller, SJP Properties, during this transaction. The acquisition reflects Thor Equities Group's expansion in the Jersey City area, showcasing their commitment to enhancing their portfolio of office assets.