CBRE Appointed Exclusive Leasing Agent for Newly Renovated Office Property in Piscataway, NJ

07 Jul 2020

371 Hoes Lane

Class A Office Property Offers Full Floor 50,000 SF Availability with Building Signage Opportunity 

CBRE today announced it has been retained as the exclusive leasing agency for a newly renovated, 138,000 sq. ft. office property at 371 Hoes Lane in Piscataway, New Jersey. One of the only truly Class A office buildings in the submarket, 371 Hoes Lane is owned by Greenway Properties and offers a unique 50,000 sf. ft. availability with signage opportunity for the full-floor leasing commitment. Smaller units are also available.

The CBRE team of Ronald Volk, Peter Shikar and Erin Wenzler will spearhead the targeted leasing campaign on behalf of Greenway Properties.  

“Greenway Properties has made a significant investment in fully upgrading 371 Hoes Lane, making the property one of the best Class A office buildings in Piscataway,” said Mr. Volk. “We look forward to working closely with our client and the brokerage community to find the ideal tenant for this unique opportunity.” 

Built in 1989 and located on Route 18 in the heart of Piscataway, 371 Hoes Lane has undergone a major transformation thanks to $3 million in extensive capital improvements completed this year. Upgrades to the property include the renovation of the three-story lobby and atrium with new glass entrances and reception desk, a repaved parking lot and extensive landscaping. An on-site café operated by Cosi and a state-of-the-art fitness center with men’s and women’s locker rooms have also been added. The building also offers a generator for life-safety and tenant backup.
 
In addition to the capital improvements, ownership is instituting new cleaning protocols in response to COVID-19 and new tenant amenity programs.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.