The building is within walking distance of the city's NJ Transit station.
The buyer plans to renovate the property, which marks an expansion of its commercial real estate footprint in the Garden State.
“[The community] continues to prove that there is a lot of demand in the local market for high-end, maintenance-free rental living,” said Marc Pantirer, a partner at BNE Real Estate Group.
“The newest leases at the ... complex signify the comeback of the office market as tenants make definitive decisions about their real estate requirements," according to Howard Fiddle, part of the team that led leasing at the property on behalf of building ownership, LeFrak.
The properties total 389,501 square feet at the Raritan Center Business Park and include the 155,000-square-foot New Jersey Convention Center.
Amanda Lombared will succeed Chief Accounting Officer Giovanni DeBari, who is leaving the company, and will eventually take over as CFO after David Smetana departs.
The hospitality offering at the center of Headquarters Plaza completed a multimillion renovation project that brought updates to its lobby, rooms, meeting spaces and more.
The appointment comes as the commercial and residential real estate building, development and management firm plans for expansion and continued growth.
Cushman & Wakefield arranged the deal on behalf of the seller.
Thomas Park Investments of Annapolis, Md., announced a joint venture with private equity firm Artemis Real Estate Partners to acquire a $500 million portfolio of properties in the sector.
The NRP Group announced the debut of the five-story building it developed in partnership with Hoboken Brownstone Co. on Jan. 12.
The new offerings are expected to open alongside current retailers, including Art of Salad, McLoone’s Pier House, Salt Steakhouse, Salt Nation Surf Shop and Boardwalk Fun N Games, by Memorial Day.