(Read more on the industrial market.)
NORTH BRUNSWICK, NJ-Pantheon Properties has added the four-building industrial and office campus at 1980 Route 1 here to its portfolio for an undisclosed price. The New York City-based Pantheon is picking up the complex, which totals 250,000 sf on 26 acres, from its long-time owner/user, the Vertis Direct Marketing Services subsidiary of Baltimore-based Vertis Communications Inc.
“In the midst of this recent cycle of credit upheaval, we feel we're in a position that enables us to be closing deals on properties of value,” says Ken Cohen, CEO and founder of Pantheon. “This represents the first of what will be several significant and strategic acquisitions, and reflects the confidence we have in reaching our short- and long-term growth goals.”
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 2025 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.
