KBS has sold a nearly 630,000-square-foot office campus in Woodbridge for $88 million, in a transaction arranged by Newmark’s New Jersey-based capital markets team.
Commercial real estate investors across five New Jersey counties took a cautious approach during the coronavirus outbreak, as transaction volume fell through the first half of the year.
New Jersey’s office market saw two major leases and a pair of blockbuster sales in the first quarter, headlining an active start to the year before the onset of the coronavirus crisis.
A subtenant at a Woodbridge office park has signed a new direct lease for nearly 19,000 square feet, in the largest of six transactions announced Wednesday by KBS.
An affiliate of KBS has sold a six-building, 1.19 million-square-foot office park in Florham Park for more than $300 million, in a transaction arranged by CBRE.
A global banking organization has extended its commitment at a Woodbridge office park, where it occupies more than 53,000 square feet under a lease with KBS.
Over a dozen tenants have combined to lease more than 100,000 square feet at a six-building, 629,000-square-foot office complex in Woodbridge, executives with KBS announced.
Eight tenants have combined for more than 60,000 square feet in leasing activity at a six-building, 629,000-square-foot office complex along Route 1 in Woodbridge
