JERSEY CITY, NJ—Simi Capitaland Criterion Group have purchased a 135,000square foot industrial building situated on six acres at 21Caven Point Avenue in Jersey City, NJ from a joint ventureof Avidan Management and ElberonDevelopment Group for $16.5 million.
According to Real Capital Analytics, aproprietary research database, the Avidan-Elberonjoint venture acquired the property in January.
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