And the sale price was not released, although industry sourceshad it tagged in the $20-million range. The final price has nowbeen placed at $155 per sf, which factors out to approximately$21.5 million. All of the new information comes directly from thebuilding's new owners, the New York City-based Lawrence ZirinskyAssociates, which acquired it through its Southgate Center FourAssociates LLC affiliate.
"This is a very appropriate addition to our New Jerseyholdings," says company president John Zirinsky. "The building islocated in a strategic business area and offers contemporary officespace. Our firm and our management arm, National Business Parks,will continue to operate this property with the higheststandards."
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