Ficon Technology Inc., a division of newly merged GlobespanVirata Inc., has purchased 200 Metro Park South, Phase II in Old Bridge, NJ from WHMPL Real Estate LP. The purchase price was approximately $35 million, about $170 per square foot. Geoffrey Schubert of CB Richard Ellis represented both parties in the transaction. Globespan had already signed a lease for the entire 205,000-square-foot office building last year. However, the communications software provider decided to purchase the building based upon company growth and the recent merger with Virata Corp. GlobespanVirata will occupy 120,000 square feet on the lower 3 floors of the 5-story facility. Schubert is marketing the top floors, approximately 85,000 square feet, as immediately available for lease. Recently constructed in October 2001, 200 Metro Park South, Phase II is located in a corporate campus setting at Exit 120, a full interchange on the Garden State Parkway. The property features many amenities including a jogging trail, close proximity to retail and restaurants, and an atrium.