"MetLife has been an excellent tenant for more than 10 years andwe are excited that they have decided to renew their lease withus," says Charlie Valentino, senior vice president of KBS. KBS wasrepresented by Drew Persson of GVA Williams NJ, Parsippany, and TomReilly of Jones Lang LaSalle, also Parsippany, represented MetLife.Terms were not released; available space at the property iscurrently listed with an asking price of $24 per sf.
Woodbridge Corporate Plaza is located on Route 1, near theGarden State Parkway and the New Jersey Turnpike. Two nearby mallsprovide shopping and dining options, and the Metropark trainstation is two miles away. The office park is currently 90%leased.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
