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American Equity Partners Buys Office Property in East Brunswick, New Jersey, for $38M

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One Tower Center in East Brunswick, New Jersey, was 39 percent leased at the time of sale. The property will undergo a value-add program.

EAST BRUNSWICK, N.J. — American Equity Partners has purchased One Tower Center, a 23-story office property in East Brunswick, located roughly midway between Trenton and Newark, for $38 million. The property was 39 percent leased at the time of sale, and the new ownership will implement a value-add program that will reimagine the lobby and expand the amenity package. Jeffrey Dunne, Jeremy Neuer, Travis Langer and Zach McHale of CBRE represented the seller, an institutional investor, and procured the buyer in the transaction.

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