National corporation KBS announced Monday it signed 103,396 square feet in leases at Woodbridge Corporate Plaza in Iselin within the last six months.
Thirteen companies signed new, renewal or expansion leases at the 629,000-square-foot, six-building, Class A office park located in the Central New Jersey submarket of Metropark.
Of these 13 transactions, six were new leases, four were renewals and three were expansions, according to Stephen Close, senior vice president for KBS and asset manager of the property.
“This rapid leasing activity is demonstrative of the quality product we are able to provide our tenants as hands-on asset managers,” says Close. “We are attracting new tenants, and maybe more importantly, many of our existing tenants are renewing and expanding within our buildings. These companies have experienced first-hand the types of amenities the property features and caliber of service we offer and are actively choosing to grow within this award-winning property.”
The Woodbridge Corporate Plaza property features a cafe, on-site management, a fitness center with showers and locker rooms, dry cleaning pick-up and drop-off, and a shuttle service to surrounding local amenities.
“As one of the largest owners of office properties across the nation, we truly understand what today’s tenants demand, and we are able to meet those demands consistently within our assets,” says Close. “Woodbridge Corporate Plaza is a prime example of this success and will continue to be a cornerstone asset in the Metropark market. The property will continue to benefit from the region’s ongoing growth and migration of Fortune 500 and 1,000 companies.”
iCreditWorks, a dental loan provider and C.H. Robinson, a leader in freight solutions, are two of the six new companies to relocate to the building. Other new companies at the property include Vlasac & Shumark, Acrisure, Apex and Hackensack Meridian Health.
TDK Lambda Americas, a manufacturer of high power programmable power supplies; Auto Injury Solutions, a leading provider of casualty claims solutions; and Bank of Tokyo-Mitsubishi, the largest bank in Japan, renewed leases at the property. Other renewals include MCI Metro, Multimedia Healthcare Comm, Lincoln Investment Planning, and Cipriani & Werner.
A team from Newmark Knight Frank including Jamie Drummond and Andrew Perrotti represented KBS in the leases.
Woodbridge Corporate Plaza is accessible for commuters with three interstate highways and two highly traveled business routes nearby. It is also in close proximity to Newark Airport and the Metro Park train station, allowing access to both New Jersey Transit and Amtrak routes.