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P3, Greyhill acquire 301-unit Port Imperial property from PGIM for $125 million – Real Estate NJ
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P3, Greyhill acquire 301-unit Port Imperial property from PGIM for $125 million – Real Estate NJ
By Joshua Burd A joint venture has claimed a piece of the iconic Port Imperial district, buying a 301-unit luxury rental property in West New York in a deal reportedly valued at more than $125 million. The firms, P3 Properties and Greyhill Group, picked up two 11-story buildings along the Hudson waterfront as part of the transaction at 24a Ave at Port Imperial. That comes with the potential to add value through ongoing renovations of the 25-year…
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