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| 1125 Route 22 Office Building Along Route 22 West Just off Interstate 287, Somerset County, NJ |
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| Jose Cruz |
FLORHAM PARK, NJ ––
Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 1125 Route 22, a 95,620-square-foot,
fully-leased office building in Somerset County, New Jersey.
HFF marketed the property
on behalf of the seller, KBS Realty Advisors and procured the buyer, a
partnership of Atkins Companies and Capital Solutions, Inc.
1125 Route 22 is located
along Route 22 West just off of Interstate 287 about an hour drive from
Manhattan. This location provides
tenants with easy access to commuter roadways such as Interstates 78 and 95,
and it is located only three miles from the Raritan train station that provides
service to Manhattan and connections to Philadelphia and Washington, D.C.
The property consists of two separate wings
and is occupied by two tenants: Bank of America and MidJersey Health
Corporation (a joint venture of Hunterdon Healthcare System and Atlantic Health
System), and has been recently updated with improvements to its roof,
landscaping, installation of a new building management system and a new parking
lot.
The HFF investment sales
team representing the seller was led by senior managing director Jose Cruz, managing director Kevin O’Hearn, directors Stephen Simonelli and Michael Oliver and associate director Marc Duval.
“The property’s location
and access to Route 22 and Interstate 287, as well as the new medical tenant
with an extensive build-out, made this asset highly sought after by the
investor community,” stated Cruz.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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