{"id":1004155090,"date":"2016-10-12T03:06:55","date_gmt":"2016-10-12T11:06:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004155090"},"modified":"2021-05-15T07:29:27","modified_gmt":"2021-05-15T15:29:27","slug":"one-centennial-plaza-trades-for-11m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/","title":{"rendered":"One Centennial Plaza Trades for $11M"},"content":{"rendered":"

By Irina Vrasmas<\/em><\/p>\n

\"One<\/a>

One Centennial Plaza<\/p><\/div>\n

Piscataway, N.J.\u2014<\/strong>Colliers International<\/a>\u00a0recently arranged the sale of\u00a0One Centennial Plaza, a\u00a0245,106-square-foot, Class A office complex located in\u00a0Piscataway. An Atlanta<\/a>-based private equity group acquired the asset from California-based\u00a0JH Snyder<\/a> for $11 million.<\/p>\n

Colliers’ Senior Managing Director Jacklene Chesler led marketing efforts on behalf of the owner, alongside Richard Madison, Jonathan Schlussel and Jack Callahan. Colliers International represented both the seller and the buyer in the transaction.<\/p>\n

Completed in 1986\u00a0and renovated in 2011,\u00a0One Centennial Plaza comprises two three-story office buildings and a 4,000-square-foot, three-story glass enclosed atrium.\u00a0Further\u00a0amenities include\u00a0a recently renovated conference room,\u00a0a\u00a0full-service cafeteria and an outdoor picnic area.<\/p>\n

The complex\u00a0is\u00a0currently 72 percent occupied by three credit tenants, including twice renewed tenant Johnson & Johnson, Ingersoll, and Paychex, who recently who recently signed a 30,000-square-foot lease.<\/p>\n

\u201cMiddlesex County is the second most populous county in the State of New Jersey, and grew 12 percent between 2000 and 2015,\u201d said Chesler in prepared remarks. \u201cThis above-average growth is a testament to the county\u2019s staying power. Middlesex County has a deep and highly skilled labor pool that has attracted major corporate users.”<\/p>\n

The property\u00a0is situated just off Route 287 South, 3 miles from Bridgewater\u2019s Commuter Rail, and in close proximity to 11 hotels as well as various restaurant options.<\/p>\n

Image courtesy of Colliers International<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

California-based JH Snyder sold the asset to an Atlanta-based private equity group.<\/p>\n","protected":false},"author":1090,"featured_media":1004155097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1600,21742,10,21747],"tags":[],"class_list":["post-1004155090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-new-york","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"\nOne Centennial Plaza Trades for $11M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One Centennial Plaza Trades for $11M\" \/>\n<meta property=\"og:description\" content=\"California-based JH Snyder sold the asset to an Atlanta-based private equity group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-12T11:06:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T15:29:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"490\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Irina Vrasmas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/\",\"name\":\"One Centennial Plaza Trades for $11M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png\",\"datePublished\":\"2016-10-12T11:06:55+00:00\",\"dateModified\":\"2021-05-15T15:29:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png\",\"width\":650,\"height\":490,\"caption\":\"One Centennial Plaza\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"One Centennial Plaza Trades for $11M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36\",\"name\":\"Irina Vrasmas\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g\",\"caption\":\"Irina Vrasmas\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/irinavrasmas\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"One Centennial Plaza Trades for $11M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/","og_locale":"en_US","og_type":"article","og_title":"One Centennial Plaza Trades for $11M","og_description":"California-based JH Snyder sold the asset to an Atlanta-based private equity group.","og_url":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-10-12T11:06:55+00:00","article_modified_time":"2021-05-15T15:29:27+00:00","og_image":[{"width":650,"height":490,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png","type":"image\/png"}],"author":"Irina Vrasmas","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/","url":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/","name":"One Centennial Plaza Trades for $11M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png","datePublished":"2016-10-12T11:06:55+00:00","dateModified":"2021-05-15T15:29:27+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png","width":650,"height":490,"caption":"One Centennial Plaza"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/one-centennial-plaza-trades-for-11m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"One Centennial Plaza Trades for $11M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b1aaff42532ef2234bc4ff33fbc86f36","name":"Irina Vrasmas","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f6db4b6e2a3d9ffdc4593a10abcb6c033c742269efdd91d28bb7988c9fa38373?s=96&d=mm&r=g","caption":"Irina Vrasmas"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/irinavrasmas\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/One-Centennial-Plaza.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1090"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004155090"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155090\/revisions"}],"predecessor-version":[{"id":1004533801,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155090\/revisions\/1004533801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004155097"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004155090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004155090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004155090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}