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68-story Journal Squared high-rise secures $225M refinancing
Having helped usher in a neighborhood renaissance, JLL secured the loan on behalf of KRE Group and National Real Estate Advisors for the third and final tower in Jersey City.
Final Journal Squared tower tops out at 60 stories
KRE Group and National Real Estate Advisors LLC announced the milestone, moving the 2.3 million-square-foot residential and retail project closer to completion.
Popular Brooklyn-based organic market signs on for Journal Squared
“We never really considered expanding to New Jersey," said owner Danny Young, "but when our broker brought us to Journal Square, we thought it was an outstanding location. It’s a thriving commercial and residential neighborhood and the Journal Squared building is very upscale. We believe our concept will be a great product and service for the area.”
KRE, National Real Estate Advisors celebrate Journal Squared milestones
Jersey City’s transformative apartment complex in the historic Journal Square neighborhood just surpassed the five-month lease-up mark for its 704-unit second tower, and broke ground on the project’s third and final building—a 60-story high-rise comprising 600 rental residences.
Jersey City’s Journal Squared 2 shatters leasing records in five months
All 704 luxury apartment units in the 68-story tower have been signed for since it opened in May. The milestone follows the successful lease-up of the project’s first phase, a 53-story building with 538 residences. The third tower complex is scheduled to break ground this fall.
