News: Brokerage

Kushner Companies and KABR Group appoint The Clinical Group as exclusive leasing agent for 26 Journal Sq. office building

Jersey City, NJ Kushner Companies and KABR Group appointed The Clinical Group as the exclusive leasing agent for 26 Journal Sq., an 111,000 s/f office building located in Journal Sq. The growth in the Journal Sq. district has rendered it one of the fastest growing areas in the state and places the property in an ideal position for reaching a burgeoning healthcare tenants’ market.

“We are thrilled to partner with Kushner Companies and KABR Group on this landmark project,” said Jonathan Marks, founder, CEO, and managing member of The Clinical Group. “With the area’s growing demand, a prime location in what is currently an underserved healthcare market, and direct PATH access to New York City, this building will soon create a unique opportunity for New Jersey health systems, multi-specialty practices, and regional providers looking to expand. It will also have appeal to Manhattan-based groups seeking a cost-effective foothold across the Hudson.”

In addition to Marks, The Clinical Group’s leasing team includes principals Darren Lizzack and Randy Horning, both of whom are recognized healthcare power brokers in the state. The redesign of the interiors is being directed by architect William Kimmerle, partner and senior vice president of The Kimmerle Group. 

“Our goal at 26 Journal Sq. is to attract high-quality tenants who value location, transit access, and flexibility. The Clinical Group brings the expertise and strategic approach needed to execute that vision,” said Michael Goldstein, chief operating officer, KABR Group.

The repositioning strategy centers around enhanced medical infrastructure that will meet the needs of healthcare providers and the ability to collocate all services under one roof for a unique medical/professional hub. The program emphasizes the ability to serve the clinical capacity needed, including an outpatient imaging facility servicing X-Ray, ultrasound, CT and MRI, and multiple outpatient specialty floors, along with patient convenience, making it an ideal destination for medical offices and related services. Journal Sq.’s ongoing transformation, including new residential developments and improved transit access, has created an escalating ecosystem for healthcare and professional tenants.

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