JERSEY CITY, N.J. (February 18, 2015) – CBRE Group, Inc. announced that it has arranged the sale of 205-207 Union Street in Jersey City, N.J., for approximately $1.32 million. The 16-unit multifamily building has recently been fully renovated.
CBRE’s New York Tri-State Investment Properties team of Charles Berger and Mark Silverman, of New Jersey Investment Properties, and Elli Klapper, of New York Investment Properties, served as the exclusive agents for the seller and procured the buyer in the transaction. The new owner plans to hold the property as an investment as they expand their existing portfolio in New Jersey.
