Close

MEDIA

Cole Schotz Advises on Sale of $40 Million Jersey City Landmark Building

April 15, 2014As Published in: Former Butler Brothers Warehouse to be Redeveloped into High-End ApartmentsAttorneys: Leo V. Leyva, Joseph Barbiere and John S. Stewart

Jersey City, N.J., April 15 – Cole Schotz represented Jersey City developer and property owner 350 Warren LP in connection with the sale of the former Butler Brothers Warehouse, a landmark building located in Jersey City’s Powerhouse Arts District. The 500,000-square-foot building at 350 Warren St. sold for $40 million.

Mill Creek Residential was the purchaser and will redevelop the building into high-end residential rental apartments. The closing occurred on April 9, 2014.

The Cole Schotz team that advised 350 Warren LP was led by members Leo V. Leyva, Joseph Barbiere and John S. Stewart, who were assisted by paralegal Thomas Vogel.

The Cole Schotz Real Estate Group is among the largest real estate practice groups in New Jersey, with additional offices in New York City and Baltimore. The firm has been instrumental in the development of New Jersey's Gold Coast, assisting national and local developers, as well as institutional investors, including Wall Street investment banks, in developing or purchasing various residential, retail, office and mixed-use projects.     

 

About Cole Schotz:

Cole Schotz serves clients nationally throughout the United States with offices in New York, New Jersey, Delaware, Maryland and Texas. The firm represents hundreds of closely-held businesses and individuals – many for decades – as well as Fortune 500 companies.
 
Founded in 1928, the firm has grown to over 115 attorneys who work in eleven primary areas of practice: Bankruptcy & Corporate Restructuring; Construction Services; Corporate, Finance & Business Transactions; Employment Law; Environmental Law; Intellectual Property, Litigation; Real Estate; Real Estate Special Opportunities Group; Tax, Trusts & Estates and White Collar Defense & Investigations.
 

Hosted on the FirmWise platform.

© Cole Schotz P.C.

DISCLAIMER

The materials on this site have been prepared by Cole Schotz P.C. for general informational purposes only and are not intended to constitute legal advice. Viewers should not act upon this information without seeking professional counsel on the specific facts and circumstances in question from an attorney licensed in their jurisdiction. Use of this site does not create an attorney-client relationship between the user and Cole Schotz or any lawyer(s) within the firm. Any information sent to Cole Schotz or its lawyers through this site will not be treated as confidential and is not protected by the attorney-client privilege.

© Cole Schotz P.C.

Attorney Advertising

This website is an advertisement for a law firm. Statements and previous outcomes do not imply similar results in your matters.

© Cole Schotz P.C.