Real Estate

Three companies sign leases at E. Brunswick office tower

By Eric Strauss
East Brunswick | November 7, 2017 at 10:10 am

By Eric Strauss
November 7, 2017 at 10:10 am

CBRE Group Inc.
An interior view of Two Tower Center, East Brunswick.

CBRE Group Inc.

Two Tower Center, East Brunswick.

CBRE Group Inc. brokered a trio of leases, totaling 164,000 square feet, at an East Brunswick office tower, it announced recently.

The real estate services firm said in a news release that the transactions included an expansion, a renewal and a new lease at Two Tower Center, a 23-story, 405,000-square-foot Class A property in a three-building complex located off Exit 9 of the New Jersey Turnpike.

The deals included:

  • PNC, a financial services corporation, signed a long-term lease renewal for its 89,000-square-foot space;
  • WIPRO, an information technology, consulting and business services company, doubled its space at Two Tower Center to 50,000 square feet under a long-term lease;
  • Christian Dior, a luxury goods company, signed a new long-term lease for the entire 19th floor of the building, about 25,000 square feet.

CBRE’s Joseph J. Sarno, executive vice president, and Doug Petrozzini and Jonathan Meisel, senior vice presidents, represented building ownership in the deals.

“Two Tower Center is one of Central Jersey’s most recognizable office buildings, offering leading national companies a top-of-the-market experience that enables them to attract and retain a talented workforce,” Sarno said in a prepared statement. “Further adding to the property’s allure, ownership has also committed to create a common-area conference facility for use by all tenants.”

The deals bring the occupancy level to more than 90 percent, with tenants including McCarter & English, NYK Line NA, ACI Worldwide and CBRE.

The complex also includes another office tower and a 12-story Hilton hotel.

2017-11-09T12:38:43+00:00
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