Login

Vision Properties Closes On $108.7 Million Met Center Purchase

KBS REIT II Sells East Rutherford Trophy Office Bldg
By Jackson Marsteller
July 1, 2014 | 9:03 P.M.

Vision Properties, a New Jersey-based developer and wholly owned subsidiary of Arena Capital Group, has acquired the 15-story Metropolitan Center office tower in East Rutherford, NJ, from a non-traded REIT affiliated with KBS Realty Advisors, for $108.7 million or $256.77 per square foot.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Vision Properties Closes On $108.7 Million Met Center Purchase