June 17, 2026
The mixed-use commercial and retail property at 32 Oakland Ave continues to show real resilience and growth in the Jersey City office market. Ownership is pleased to announce that the property’s ground-floor retail component is now fully leased, with a tenant mix that includes Early Beginnings Day School, Metro Markets (Overlook Market), and Overlook Wine & Spirits.
The office side of the building is seeing equally strong leasing momentum. Hudson Eye Physicians and Surgeons recently opened a new 10,000 square foot facility, and Lumin Health, a Boston-based provider specializing in ketamine and Spravato therapy, has signed for 3,000 square feet. An acupuncture practice has also secured an additional 3,000 square feet. Rounding out the tenancy, Urban Property Managers, the building’s management company and an affiliate of ownership, is in the process of completing its own 10,000 square foot headquarters within the property.
A Partnership First Approach to a Complicated Market
The broader office market is still working through the effects of the COVID-19 pandemic, but 32 Oakland Ave has stood apart by focusing on flexible, mutually beneficial deal making rather than a one-size-fits-all leasing strategy.
“We are seeing significant positive traction at 32 Oakland Ave because we approach leasing as a partnership,” said Building Ownership. “In today’s complicated market, our goal is to structure deals that work for both sides. As owners who also maintain our own offices in this building, we are deeply invested in the daily experience of our tenants. We are building a high-quality environment for our staff and our neighbors to ensure everyone can deliver their best work, not just managing an asset on a balance sheet.”
That philosophy has clearly resonated with tenants across both the retail and office components of the building, and it is a big part of why 32 Oakland Ave has kept filling space while other Journal Square office buildings work through slower leasing cycles.
Modern Amenities and Strategic Connectivity
Part of what makes 32 Oakland Ave competitive is the amenity package built into the property. Tenants have access to a dedicated cafe and lounge for collaborating or taking a break during the workday, along with a private 8,000 square foot outdoor terrace. On-site parking is available through a fully automated system operated by AutoMotion Parking Systems, which is a meaningful convenience for a building of this size in downtown Jersey City.
Location is another advantage. The property sits just three blocks from the Journal Square PATH station and is directly adjacent to the new Frank J. Guarini Justice Complex courthouse. It also fronts a state highway, giving tenants and their clients easy access in and out of the city whether they are commuting by car or by transit.
Residential Strength and What Comes Next
Beyond the commercial leasing news, the 297 multifamily residential apartments within the building continue to outperform the broader Jersey City market, reinforcing 32 Oakland Ave‘s position as one of the premier mixed-use properties in Journal Square. With additional leasing proposals currently under negotiation, ownership expects to share more updates on the building in the coming months.
For property owners and tenants watching how Journal Square continues to evolve, 32 Oakland Ave is a good example of what a full-service, tenant-focused approach can accomplish even in a challenging office market. The combination of a fully leased retail base, a growing and diverse office roster, and strong residential performance points to a building that is only building on its momentum from here.
The information contained in this post has been obtained from sources believed to be reliable. GRID Real Estate LLC has not independently verified this information and makes no guarantees, warranties, or representations as to its accuracy or completeness.
