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[IMGCAP(1)]WOODBRIDGE, NJ-The New York City-based Pantheon Properties has given the leasing assignment to two recently acquired buildings to CB Richard Ellis. Both assets were acquired in the past six months in Partnership with Principal Real Estate Investors. For CBRE, the assignment is being handled by SVP Mindy Lissner, managing director Jeff Hipschman, first VPs Lou Belfer and Scott Belfer, associate Stacey Weinberg and project manager Susan Strauss.

[IMGCAP(2)]The larger of the two buildings is the 324,445-sf distribution center at 1500 Rahway Ave. here, acquired vacant in January. Off Exit 12 of the New Jersey Turnpike, the 14-year-old building sits on 15 acres and has an additional 11.5 acres of land for development. The building, which includes 20,000 sf of office space

The second asset is 1980 Route One in North Brunswick, a 109,106-sf flex building that can be utilized either for W/D or as a data center, according to Lissner. The facility was acquired by Pantheon in October. The building is divisible to 25,000 sf, and the site also includes an 11,200-sf stand-alone office building that’s currently available in its entirety and is said to be suitable for medical, lab, data, education or law firm usage.

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