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The Birch Group, Bushburg, And 2020 Vision Group Acquire Office Building In Jersey City For $346M

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This Office property located in MA was sold for $346,000,000 over 1 year ago.

An office property located at 101 Hudson Street in Jersey City has been sold in a recent transaction. The sale, facilitated by Cushman & Wakefield, involved the buyer, The Birch Group represented by Mark Meisner, Bushburg represented by Avi Glikman, and 2020 Vision Group. The seller of the property was Veris Residential. The transaction was closed for a total sale price of $346,000,000. The office space has a total area of 1,347,712 square feet, resulting in a price per square foot of $257.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $346,000,000
  • Address: 101 Hudson Street, Jersey City
  • Buyer: The Birch Group - Mark Meisner, Bushburg - Avi Glikman, and 2020 Vision Group
  • Seller: Veris Residential
  • Broker: Cushman & Wakefield
  • Square Feet: 1,347,712
  • Price Per Square Foot: $257

The Birch Group, represented by Mark Meisner, Bushburg, represented by Avi Glikman, and 2020 Vision Group were the key players in this property transaction. Additionally, Cushman & Wakefield served as the broker for this deal, facilitating the sale between the buyer and seller.

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Deals
  • Location
    101 Hudson Street101 Hudson Street
  • Sale Price
    $346,000,000$346,000,000
    $256 PPSF$256 PPSF
  • Area
    1,347,712 SF1,347,712 SF
  • Asset Type
    OfficeOffice

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Deal Summary

SALE IMAGE: Mahbod Nia, Mark Meisner & Avi Glikman DATE: 10/07/2022 ADDRESS: 101 Hudson Street MARKET: Jersey City ASSET TYPE: Office BUYER: The Birch Group (@TheBirchGroupNY) - Mark Meisner (@Mark.Meisner); Bushburg (@BushburgProperties) - Avi Glikman & 2020 Vision Group SELLER: Veris Residential BROKER: Cushman & Wakefield SALE PRICE: $346,000,000 SF: 1,347,712 ~ PPSF: $257 3CushmanandWakefield

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