Top 10 Largest Office Buildings
in Lower Somerset
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Shi International Headquarters | 290 Davidson Avenue, 08873 | 420,000 | 1988 |
| 300 Davidson Avenue | 300 Davidson Avenue, 08873 | 414,000 | 1988 |
| Atrium Corporate Park - 400 Atrium Drive | 400 Atrium Drive, 08873 | 355,000 | 1985 |
| Vantage Court/North-South | 200 Cottontail Lane, 08873 | 240,289 | 1986 |
| Vantage Court/North-South | 200 Cottontail Lane, 08873 | 240,289 | 1986 |
| Tower 270 | 270 Davidson Avenue, 08873 | 239,000 | 1987 |
| 23 Orchard | 23 Orchard Road, 08558 | 234,000 | 1980 |
| Vantage Court - 200 Cottontail Lane | 200 Cottontail Lane, 08873 | 208,700 | 1985 |
| 200 Franklin Square Drive | 200 Franklin Square Drive, 08873 | 200,000 | 1986 |
| Atrium Corporate Park - 700 Atrium Drive | 700 Atrium Drive, 08873 | 183,925 | 1985 |
Largest Office Properties Recently Completed
in Lower Somerset
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Medicor Plaza | 331 US Route 206, 08844 | 38,467 | 2006 |
| Amwell Commons | 390 Amwell Road, 08844 | 42,162 | 2002 |
| Montgomery Professional Center | 10 Vreeland Drive, 08558 | 47,919 | 2001 |
| Kingsbridge Center | 378 South Branch Road, 08844 | 51,000 | 1998 |
| 150 Pierce Street | 150 Pierce Street, 08873 | 130,000 | 1992 |
| 300 Franklin Square | 300 Franklin Square Drive, 08873 | 58,845 | 1991 |
| Summit @ Hillsborough | 105 Raider Blvd, 08844 | 50,000 | 1990 |
| Shi International Headquarters | 290 Davidson Avenue, 08873 | 420,000 | 1988 |
| 300 Davidson Avenue | 300 Davidson Avenue, 08873 | 414,000 | 1988 |
| 19 Schoolhouse Road | 19 Schoolhouse Road, 08873 | 85,000 | 1988 |
News
Multifamily sales across top metros nationwide have increased significantly over the past decade. The transaction volume in 2019 alone was $129 billion, compared to $13.4 billion in multifamily sales in 2009.
The Golden State contributed 29 locations with average asking rents ranging from $58.70 to $109.57 per square foot per year. The second-most dominant representation in our top 50 was New York, which added a total of 13 entries.
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the San Francisco-based food delivery behemoth. The deal, which was...