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482,000-SF Former Bellcore Complex is on the Market

MIDDLETOWN, NJ-The three-building Monmouth County complex, which was purpose-built for Bellcore, is being marketed by the Sitar Co.-ONCOR International.

By Eric Peterson | Updated on October 25, 2002

MIDDLETOWN, NJ-The Sitar Co.-ONCOR International, based in Iselin, NJ, is marketing One River Center, a 482,000-sf, three-building office complex here. The asset is located near the Garden State Parkway, just south of Red Bank, NJ.

The complex, which was specifically built for Bellcore but became a victim of the telecom industry’s cutbacks, consists of two four-story atrium offices buildings of 122,700 sf each and one three-story atrium building of 210,400 sf, according to Sitar vice president John O’Hearn. It also has a 3,000-sf multimedia center and a medical center, and the three buildings share a 250-seat cafeteria, housed in the largest building.

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