WARREN AT BAY LOFTS
LocationJersey City, NJ
Size101,000 SF
Value$605.00 M
TypeSale
BlueGate Partners, LLC was retained on an exclusive basis to arrange the sale of 124-134 Bay Street, in Jersey City, NJ. Consisting of two adjacent flex warehouse/ office/industrial buildings containing 100,944 gross square feet, the property is a prime redevelopment opportunity in the heart of the Jersey City Waterfront. The buildings were originally constructed circa 1914 and today, are partially occupied by short-term light industrial, storage and art gallery tenants. Warren at Bay, which is located three blocks north of the Grove Street PATH station in the center of the Powerhouse Arts District, will provide future users with exceptional access to lower Manhattan in only twelve minutes. The charming and historic Powerhouse Arts District is currently in the process of transitioning out of its industrial past, into an iconic mixed-use centerpiece for the arts, retail and entertainment in downtown Jersey City.