Newport Office Center IV, Jersey City, NJ
JERSEY CITY, NJ—Norfolk, VA-based Harbor Group International has acquired the22-story 861,000-square-foot office building at 545 WashingtonBlvd. here for $372 million, according to multiple reports.
The property known as Newport Office Center IV was sold by theLefrak Organization. Morgan Stanley led theacquisition financing for the office tower, according to theCommercial Observer, which also noted that Barclays alsoparticipating in the financing of the property.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
