Luxury apartments sell in New Jersey

Kushner Cos. recently sold The Curling Club luxury apartment complex in Hoboken, N.J.

The value of the transaction was $70 million.

ING Clarion Partners purchased the property.

The Curling Club comprises 240 units and is located between 11th and 12th Avenues at 1122 Grand St. Kushner Cos. acquired the former industrial site in 1998, and in late 1999, the firm completed construction of The Curling Club, which consistently has maintained occupancy rates near 100 percent, according to a press statement.

Cushman & Wakefield brokered the transaction.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.