Federal Business Centers Acquires Two Industrial Assets in New Jersey for $25M
EDISON, N.J. — Federal Business Centers has acquired two industrial assets at 300 Columbus Circle and 400 Raritan Center Parkway in Edison. High Street Realty sold the properties, which total 204,440 square feet, for $25 million. At the time of sale, the adjacent, multi-tenanted properties were 90 percent occupied by tenants. Gary Gabriel, Andrew Merin, David Bernhaut, Brian Whitmer, Kyle Schmidt and Andrew Siemsen of Cushman & Wakefield brokered the deal.