Included in the offering is 725 Bergen Avenue, a 2,727-square-
And 720-726 Bergen Avenue is a .22-acre land parcel currently in use as a parking lot but slated for multi-family development.
The portfolio is located less than one mile from the Journal Square Path Station, with easy access to the Jersey City waterfront and Lower Manhattan. It is also just blocks from St. Peter's University in a section of Jersey City that is undergoing a renaissance with new development of housing and retail to support an influx of young professionals.
"This offering represents a rare opportunity to acquire a very visible and critical mass of land and existing buildings in an area that is prime for redevelopment,"
Based in East Rutherford, N.J., Cushman & Wakefield's Metropolitan Area Capital Markets Group specializes exclusively in investment sales of office, industrial, multifamily and retail properties throughout New Jersey, New York, Fairfield County, Connecticut and Pennsylvania. The team has completed more than $17 billion worth of transactions since 2000.