December 2025

8A — December 2025 — New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N ew J ersey

Sale of CenterPointe I highlights strong owner-user demand in NJ’s suburban office market Colliers completes sale of vacant office building to end-user in Bridgewater, NJ

RIDGEWATER, NJ — Colliers has com- pleted the sale of Cen - terPointe I, a 66,500 s/f vacant office property located at 1130 Rte. 22 E. Bridgewater, NJ. Colliers team of vice chair Jacklene Chesler , vice presi- dent Patrick Norris , and transaction manager Brittany Leventoff arranged the sale and represented the seller, Signature Acquisitions . Situated in the Rte. 22 West Office Market, the property benefits from highway visibil - ity, prime signage opportuni- ties, and convenient access to key New Jersey markets. B

Jacklene Chesler

Patrick Norris

Brittany Leventoff

area’s connectivity, workforce access, and established busi- ness environment make it a compelling destination for high-profile tenancy. “To navigate today’s shift- ing office market, many New

Previously occupied by All- state Insurance Company, the building sits within a thriving corporate corridor home to major Fortune 500 companies such as Sanofi, Johnson & Johnson, and MetLife. The

1130 Rte. 22

Jersey companies are taking control of their real estate future—driving a surge in owner-user acquisitions. As institutional investors pull back and property values soften, businesses are step- ping in to secure long-term control and cost stability,” said Chesler. “CenterPointe I’s visibility, accessibility, and modern configuration made it a standout opportunity in one of the state’s most active corporate corridors.” Through a targeted mar- keting campaign and broad regional reach, Colliers drove strong exposure and engage- ment from qualified owner-us - er buyers. Colliers’ investment sales team arranged several recent transactions for office users, including 1 Jefferson Rd. in Parsippany and 80 Cot - tontail Ln. in Somerset, among other properties. Additionally, Colliers has arranged the sale of One Jef - ferson Rd., a 100,000 s/f vacant class A office building in Par - sippany. Colliers represented the seller, Signature Acquisi- tions, and procured the buyer, an end-user. The deal was fa- cilitated by a Colliers team led by Chesler, Norris and director Matthew Cohen . Constructed in 2009, the property has historically served as home to a blue-chip national law firm. At the time of sale, the property was delivered vacant. The building is situ- ated on 8.49 acres and boasts a marble lobby, a full-service cafeteria, and a conference cen- ter, complemented by over 391 parking spaces for tenants and visitors. Located at the cross - roads of I-80, I-287, and US-46, the building offers unmatched accessibility to New York City, Newark Liberty International Airport. MAREJ

CONSIDERING SELLING?

Close with the #1 Auction Team

CLOSED

CenterPointe I, 1130 Route 22 E Bridgewater, NJ (Non-Auction)

100 & 200 Valley Road Mount Arlington, NJ

OFFICE

13 Tours

102 Signed CAs

Owner-User Buyer

16 Tours

111 Signed CAs

148% of Reserve Price

CURRENT NON-AUCTION OPPORTUNITIES

1 Plaza Dr., Toms River, NJ 38,077 SF | 98.2% Occupied

3 Plaza Dr., Toms River, NJ 18,059 SF | 100% Occupied

45 Technology Dr., Warren, NJ 45,804 SF | 0% occupied

777 Route 17, Paramus, NJ 24,000 SF

HOLIDAY CITY MEDICAL PORTFOLIO

VALUE- ADD OFFICE/FLEX

VALUE- ADD RETAIL

Patrick Norris Vice President 973 299 3010 patrick.norris@colliers.com

Brittany Leventoff Team Transaction Manager 732 734 0709 brittany.leventoff@colliers.com

Jacklene Chesler Vice Chair 973 299 3083 jacklene.chesler@colliers.com

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