OLD BRIDGE, NJ—The Kislak Company, Inc. facilitated the acquisition of Parkway 120, a five story class “A” office building with more than 200,000 square feet located at 90 Old Matawan Road in Old Bridge, Middlesex County, NJ, by introducing the lead equity investor to the partnership that purchased the property.
Vice president Barry Waisbrod represented two members of the partnership, and each is a longtime Kislak client.
“The sale represented an opportunity for the partnership to acquire one of the premier office buildings in north central New Jersey,” says Waisbrod. “Despite lower occupancies in other parts of the state, there is strong demand for class 'A' office buildings that are well-located and well-performing. Parkway 120 is in an ideal location and is full of very strong credit tenants.”
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