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FirstService Williams Leases 135,000 SF at Iselin Office Park

ISELIN, NJ-Recent transaction activity has filled 135,000 square feet at Woodbridge Corporate Plaza, a six-building office campus here.

By Maria Wood | Updated on May 11, 2009

ISELIN, NJ-Working on behalf of the landlord, the New Jersey office of FirstService Williams has arranged 15 lease transactions in recent months that have filled 135,000 square feet at Woodbridge Corporate Campus here. The six-building campus is owned by KBS Realty Advisors.

Newport Beach, CA-based KBS Realty acquired the 625,000-square-foot property in 2005 for $85.6 million. It hired FirstService Williams senior managing director Drew Persson to lease the park, which is now nearly 90% occupied, up from 64% when KBS first acquired the project.

“More so than ever, tenants are doing due diligence on landlords and are extremely pleased with KBS Realty and the facilities at Woodbridge Corporate Plaza,” Persson says in a statement. “KBS is well-capitalized and meets tenants’ needs on time and as agreed to.”

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