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JPMorgan pays $14.7M for Jersey City building

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JPMorgan Chase Bank paid $14.7 million to buy a Jersey City building it had been leasing, according to a published report.

The 22-story building, at 575 Washington Boulevard, had been owned by the LeFrak Organization, The Record said in a report. However, real estate data tracker CoStar said JPMorgan’s purchase closed June 6.

The building has 838,090 square feet, The Record said.


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