Property

Warren at Bay

Location

Jersey City, NJ

Size

125,000 SF

Value

Confidential

Type

Debt

Property

Warren at Bay

Location

Jersey City, NJ

Size

125,000 SF

Value

$328.00 M

Type

Debt

Warren at Bay

Warren at Bay consists of five interconnected, vacant loft buildings that currently comprise 100,000 sf and occupy half of a city block in downtown Jersey City. The vision is to reposition the existing buildings into one cohesive office/retail building with dramatic, loft-like ground floor retail, creative office space on the upper floors, and multiple rooftop terraces, creating an architecturally distinct and transformative development that would be unique to the Jersey City marketplace. The Property’s transit-oriented location and rapidly growing Jersey City Waterfront location provide tenants a value alternative to comparable options in Manhattan, Brooklyn, and Long Island City. Jersey City continues to experience explosive residential growth, however, it severely lacks creative office and retail space, creating an opportunity to capitalize on this complementary demand.

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