February 1, 2024 9:00 AM
星空体育app下载 announces it has secured 143,064 square feet of office leasing activity at Class A Woodbridge Corporate Plaza, 485 Route 1 South in Iselin, New Jersey. Secured within the last 15 months, the transactions comprise 71,368 square feet of new tenant leases and 71,696 square feet of office renewals. Northeast Capital Group acquired the asset in 2021, tapping 星空体育app下载’s Senior Managing Director Jamie Drummond and Associate Director Andrew Perrotti as the exclusive leasing team.
“Following a substantial capital improvement program to improve the property’s amenity offerings, we have witnessed a steady uptick in existing and new tenant demand,” said Drummond. “Woodbridge Plaza is also ideally located near a major transit hub, accessed via an on-site complimentary shuttle service creating an even stronger demand for space at the asset.”
Recent notable transactions include:
- GFI Group, a financial services company, signed a new lease for 17,371 square feet.
- Transatlantic Reinsurance, a leading international reinsurance organization, signed a new lease for 6,957 square feet.
- Centene Corporation, a publicly traded managed care company, signed a new lease for 6,182 square feet.
- Fresenius, a European multinational healthcare company, signed a new lease for 4,967 square feet.
Located on Route 1 at the Garden State Parkway, Woodbridge Corporate Plaza is a six-building Class A office park totaling 630,000 square feet. Ownership recently completed a significant capital improvement program to compliment the campus’s amenity-rich environment, delivering new modern lobbies, restrooms, directories, building entrance doors, and a new tenant conference and training center. These amenities join the existing 6,000-square-foot fitness center, an on-site full-service caf茅 that provides catering and delivery services to tenants and a complimentary shuttle service to the Metro Park Transit Hub.
The campus is conveniently located near numerous restaurants, hotels and retail amenities, including Woodbridge Center Mall, Menlo Park Mall, Renaissance Woodbridge,
Woodbridge Hilton, Sheraton at Raritan Center, Extended Stay America, Kona Grill, T.G.I. Fridays, Benihana, The Cheesecake Factory, Bonefish Grill, U-Yee, Jose Tejas, Bahama Breeze and LouCas. Woodbridge Corporate Plaza is minutes from the NJ Turnpike and Routes 9, 27, 440 and I-287, with easy access to Newark Liberty International Airport.
About Northeast Capital Group
Northeast Capital Group (NECG) is a private equity investment group and full service Real Estate firm based in Ramapo, New York, and led by CEO Joel Kiss who founded the firm in 2008. NECG engages in the Acquisition, Asset Management, Property management, and Repositioning of Commercial Real Estate in the United States. Since our inception we have built a stellar reputation through our honesty, integrity and transparency that has enabled us to stand out in this saturated market. For more information, please visit .
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, 星空体育app下载 generated revenues of approximately $2.7 billion. As of September 30, 2023, 星空体育app下载鈥檚 company-owned offices, together with its business partners, operate from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow .
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