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Kawa Capital Management Acquires Office Building In Princeton For $45M

West Windsor Commons - 7-9 Roszel Road
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This Office property located in NJ was sold for $45,000,000 almost 2 years ago. The broker of the deal was Henry Bodek

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.

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Deals
  • Location
    7-9 Roszel Road, Princeton, New Jersey 08540, United States7-9 Roszel Road, Princeton, New Jersey 08540, United States
  • Sale Price
    $45,000,000$45,000,000
    $149 PPSF$149 PPSF
  • Area
    302,000 SF302,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    1 Broker1 Broker

Agent

Henry Bodek

Henry Bodek

Deals39
Financed$5.4B

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Deal Summary

SALE DATE: 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.

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West Windsor Commons - 7-9 Roszel Road

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