BNP Paribas Extends Lease Deal at Woodbridge Corporate Plaza
The deal with building owner KBS will allow BNP Paribas to continue to fully occupy the first and third floors of Building D at the six-building, 630,000-square-foot complex.
ISELIN, NJ—French global banking firm BNP Paribas has signed a lease extension for its 53,186 square feet of offices on two floors at the Woodbridge Corporate Plaza here.
The deal with building owner KBS will allow BNP Paribas to continue to fully occupy the first and third floors of Building D at the six-building, 630,000-square-foot complex. Joe Messina, Allison Melichar and James Schroeder of JLL represented BNP Paribas in the transaction.
The campus, part of KBS’ client portfolio, recently underwent renovations that included new modern lobbies and restrooms, upgraded flooring and lighting, new entrance doors and new signage opportunities for tenants.
Woodbridge Corporate Plaza provides a number of amenities including a new 6,000-square-foot fitness center, an on-site full-service café and caterer, on-site management and shuttle service to the Metropark transit hub. The property is located at 485 US-1 in Iselin and is adjacent to exit 132 of the Garden State Parkway and a short distance to several major highways including Interstate 95.
According to Newmark Knight Frank’s Northern New Jersey office market report, total lease deals in the Metropark submarket in 2019 exceeded 500,000 square feet, which is nearly double the amount seen in each of the previous two years.