Woodbridge Corporate Plaza, Iselin, NJ
ISELIN, NJ—French global banking firm BNP Paribas has signed a lease extension for its 53,186 square feet of offices on two floors at the Woodbridge Corporate Plaza here.
The deal with building owner KBS will allow BNP Paribas to continue to fully occupy the first and third floors of Building D at the six-building, 630,000-square-foot complex. Joe Messina, Allison Melichar and James Schroeder of JLL represented BNP Paribas in the transaction.
The campus, part of KBS' client portfolio, recently underwent renovations that included new modern lobbies and restrooms, upgraded flooring and lighting, new entrance doors and new signage opportunities for tenants.
Woodbridge Corporate Plaza provides a number of amenities including a new 6,000-square-foot fitness center, an on-site full-service café and caterer, on-site management and shuttle service to the Metropark transit hub. The property is located at 485 US-1 in Iselin and is adjacent to exit 132 of the Garden State Parkway and a short distance to several major highways including Interstate 95.
According to Newmark Knight Frank's Northern New Jersey office market report, total lease deals in the Metropark submarket in 2019 exceeded 500,000 square feet, which is nearly double the amount seen in each of the previous two years.
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© 2024 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.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
