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

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.