SOLD
Kawa Capital Management Acquires Office Building In Princeton For $45M
West Windsor Commons - 7-9 Roszel Road
Office
302,000 SF
302,000 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Office
302,000 sqft
The West Windsor Commons office property located at 7-9 Roszel Road in Princeton has been sold in a recent transaction. The sale, which took place on 03/03/2022, involved a total area of 302,000 square feet and was valued at $45,000,000. The buyer, Kawa Capital Management, acquired the property from the seller, John Hancock Financial - Manulife. The sale price translated to a price per square foot of $149, reflecting the market value of the asset.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $45,000,000
Henry Bodek from Galaxy Capital served as the broker in this transaction, representing both the buyer, Kawa Capital Management, and the seller, John Hancock Financial - Manulife. Galaxy Capital was responsible for arranging the fee sale and ground lease in this deal.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: 03/03/2022
ADDRESS: West Windsor Commons - 7-9 Roszel Road
MARKET: Princeton
ASSET TYPE: Office
BUYER: Kawa Capital Management
SELLER: John Hancock Financial - Manulife
BROKERS: Henry Bodek - Galaxy Capital
SALE PRICE: $45,000,000
SF: 302,000 ~ PPSF: $149
NOTE FROM BROKER: Galaxy Capital arranged the Fee Sale and Ground Lease.View on map
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AddressWest Windsor Commons - 7-9 Roszel Road
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