Arts & Powerhouse Building (A&P Building) Acquired by Lorimer Capital | Real Estate Services M&A Deal

Lorimer Capital has completed the acquisition of Arts & Powerhouse Building (A&P Building), a real estate services other business in New Jersey, for $63M. Lorimer Capital acquisitions focus on Jersey City commercial real estate tied to the Arts & Powerhouse Building (A&P Building) acquisition. The real estate services M&A activity supports other acquisition strategies in NJ acquisitions and private equity acquisition mandates. As a private equity acquisition, the $63 million financing is categorized as other acquisition and is expected to close as announced, with deal terms not publicly detailed.