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Deals & Dealmakers

New Jersey office space up for lease or $4.2 million sale

Lee & Associates, NJ, celebrating more than 36 years of leadership excellence in commercial real estate, announced that they have been hired to exclusively handle the sale or lease of a 44,991 sf prime office space in Piscataway, NJ.

The asking price is $4,275,000 to purchase and $20 per sq. ft. to lease.

Located on a five-acre industrial plot, 20 New England Avenue is a two-story office building that offers abundant outdoor space and parking, and a nearly 2,300 sf shipping and receiving area with two tailboards with levelors.  The open floor plan lends itself to the creative office user in tech, media, or entertainment, as well as healthcare or laboratory companies.

A key selling point for this property – also known as Centennial Corporate Park #25 – is the fact that there is an opportunity for the buyer to expand by an additional 33,009 sq ft.

The property is located in central New Jersey (Middlesex County), halfway between New York and Philadelphia off I-287 between Exits 7 & 8 and offers easy access to NJ Turnpike, Route 78, Garden State Parkway, Newark International Airport and the Woodbridge/Raritan Toll Plaza.

The exclusive brokers at Lee & Associates, NJ are Brian Lynch, Principal and CEO and Beth Chezmar, Vice President.  “Lee & Associates, NJ is excited to be given this exclusive opportunity to manage and market the sale of this prime office property in Piscataway.  Our extensive commercial real estate experience and successful track record played a key role in landing us this exclusive contract.  We are proud of our unrivaled expertise in the office real estate arena,” says Lynch.

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