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The buyers purchased the assets with assistance from a five-year, fixed-rate loan, secured by JLL through New York Life Real Estate Investors.</p>","<p>The transaction's purchase price represents $477 per-square-foot.</p>","<div class=\"paywall-content\"><p>The recently-renovated properties, Warren Corporate Center 100 and 200, comprise 315,086 square feet situated on 68 acres. The assets are part of the five-building, 176-acre Warren Corporate Center in Somerset Country.</p>","<p>The two four-story buildings encompass 157,543 square feet each and feature average floorplates of 39,400 square feet. The properties are fully-leased to the global reinsurance and insurance organization, Everest Reinsurance Co.</p>","<p>Located directly off of I-78, the properties feature more than 1,200 covered parking spaces, as well as access to campus amenities, including walking trails, a pond with amphitheater seating and an amenity building, Warren Hill, which offers a state-of-the-art fitness center, a cafeteria, a basketball court and a conference area.</p>","<p>A JLL capital markets team, led by senior managing directors Jaime Fink, Kevin O'Hearn and Jose Cruz, represented the seller in the transaction. 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