CB Richard Ellis represented both sides of the transaction. Senior managing director Jeffrey C. Babikian, managing director Frank Lopriore and associate director Walter Wolf spoke for HydroQual. The owner of the building, Officescape Associates LLC, was repped by CBRE senior managing director Richard A. Danesi, director Brian Godau and associate Bill Hassan.
Set on just over eight acres, the three-story 1200 MacArthur Blvd. is located in the Route 17 Corridor submarket, whose 9.4% availability rate is said to be the lowest in the state. Corporate neighbors include Sieko, Jaguar, Konka and UPS.
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