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KBS sells 629,000-SF Woodbridge Corporate Plaza in Iselin for $88M


KBS sells 629,000-SF Woodbridge Corporate Plaza in Iselin for $88M
Class A office complexis 90% leased
Woodbridge Corporate Plaza in Iselin. – KBS
KBS on May 24 announced it sold Woodbridge Corporate Plaza, a six-building, Class A office complex in Iselin to Ramapo, N.Y.-based Northeast Capital Group for $88 million.
“The New Jersey office market is home to a diverse roster of Fortune 500 companies and tenants who are drawn to a highly accessible, regional location,” says Marc DeLuca, eastern regional president for KBS. “Woodbridge Corporate Plaza is defined by its proximity to the intersections of Interstates 95, 278 and Route 1 with exceptional mass transit connectivity via Amtrak, New Jersey Transit and the Metropark Station.” ....

United States , New Jersey , Orange County , Steven Fleissig , Marc Deluca , Brian Schulz , Jamie Drummond , Amanda Kennedy , Jason Emrani , Howard Chu , Maria Betancourt , Bruce Fischer , Kevin Welsh , N Northeast Capital Group , Orange County Office , Greenberg Traurig , Capital Group , Woodbridge Corporate Plaza , Northeast Capital Group , Corporate Plaza , New Jersey Transit , Metropark Station , Newmark Executive Managing Director Kevin Welsh , Managing Director Brian Schulz , Associate Jason Emrani , Transaction Manager Maria Betancourt ,