KBS REIT II buys New Jersey office building for $104.9M

12/21/2011 | CoStar Group

KBS Real Estate Investment Trust II has acquired the Metropolitan Center at One Meadowlands Plaza in East Rutherford, N.J. It paid $104.9 million, or almost $249 per square foot, for the 421,317-square-foot office building. The seller was CBRE Investors.

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