Real Capital Solutions enters Jersey City, NJ office market with acquisition of 30 Montgomery

JERSEY CITY, NJ — Real Capital Solutions (RCS), in partnership with Lamar Companies, has acquired 30 Montgomery, a 16-story, 368,049 s/f class A office tower in Jersey City’s Exchange Place submarket. The property is located along the Hudson Waterfront, one of the most transit-connected and fastest-growing office markets in the Northeast.

“This is exactly where we want to be investing right now,” said Adam Abeln, chief acquisitions officer at Real Capital Solutions. “Assets like 30 Montgomery are being repriced due to capital markets, not fundamentals. That creates an opportunity to step in at a basis where execution drives returns.”

The acquisition marks RCS’s entry into the Jersey City office market and the second office transaction completed with Lamar Companies in the past seven months.

“30 Montgomery fits squarely within our focus on well-located assets with near-term leasing upside,” said Frank Maresca, executive vice president of Lamar Companies. “With the capital already invested and the right execution plan, we see a clear path to creating value.”

30 Montgomery is 61% leased to tenants, including Bluevine Capital, Wayste, Asset Based Lending and Outcomes Matter Innovations. The property has undergone more than $30M in capital investment, including upgrades to the lobby, façade, building systems and common areas. The building’s flexible floor plates and smaller suite configurations align with current tenant demand trends, particularly among professional services and growth-oriented companies.

The building offers direct access to the Exchange Place PATH station, ferry terminals and regional transit, providing connectivity to Manhattan and the broader metro area. It is also well-positioned to benefit from continued residential growth in Jersey City.

This acquisition aligns with RCS’ strategy of investing in office assets at a reset basis. In the current market cycle, RCS has acquired 12 office properties nationwide and deployed more than $560.5M in capital.

Financial terms of the transaction were not disclosed.