ISELIN, NJ-Progressive Casualty Insurance Co. has renewed its 22,494 square feet lease at 485 Rt. 1 S. at Woodbridge Corporate Plaza here. “It was extremely important for Progressive Insurance that its employees be in close proximity to transportation,” says Michael Tesser, a senior managing director with Colliers International New Jersey, which arranged the renewal.
CB Richard Ellis represented landlord KBS Realty Advisors. “They have been a tenant at Woodbridge Corporate Plaza for approximately 13 years and worked together with the ownership to remain in the space,” Tesser adds. “Renewing was an ideal situation for them.”
Woodbridge Corporate Plaza is located near the Garden State Parkway, the New Jersey Turnpike and Route 287. Other tenants include CareAdvantage, EC Vision, Ferreira Construction and Omni Eye.
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