111 River St is a new condo project by Lifetime Developments. The project is currently in preconstruction and will soar 34 storeys high with 309 suites. These condos will feature studio to three bedroom units. The building will also feature indoor and outdoor amenities on the 2nd and 7th floors. It is expected to be complete in early 2020. Located in the Regent Park neighbourhood, 111 River St is near many restaurants, cafes, and retail stores. It is also close to public transit and has a walk score of 95 out of 100, which makes it an ideal place for families to live.
In one of the largest commercial deals in Hoboken, Mack-Cali Realty Corp has agreed to purchase Waterfront Corporate Center I at 111 River Street from Equity Commonwealth for $235 million. The deal marks a shift in the REIT’s focus from office space to high-end multifamily properties. This is Mack-Cali’s first acquisition in the high barrier to entry Hoboken market. The company plans to close the transaction in June. Find out more about this property and its ownership history, real estate market trends and insights, and tenant information.
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