Opal Holdings Acquires Office Building In Woodbridge, New Jersey For $140M

The office property located at 194 Wood Ave in Woodbridge, New Jersey has been sold for $140,000,000. This transaction involved a total area of 470,692 square feet, resulting in a price per square foot of $297.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $140,000,000
• Address: 194 Wood Ave, Woodbridge, New Jersey
• Market: Woodbridge, New Jersey
• Square Footage: 470,692

The buyer of the property was Opal Holdings. The seller, AIG, was represented by brokers Kevin Carton, Todd Elfand, Andy Merin, David Bernhaut, Gary Gabriel, Kevin Donner, and Frank DiTommaso.