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Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Newmark and powered by RealINSIGHT Marketplace, 333 & 343 Thornall Street is a 396,289-square-foot, two-building Class A office portfolio in Edison, New Jersey's Metropark submarket. Newmark serves as exclusive advisor to Trigild, the court-appointed receiver, in the sale of the leasehold interest. The Portfolio is currently 57% leased across 16 tenants, including Greater NY Mutual, TP ICAP, HMH, US Bank, and Travelers Indemnity, with a weighted average lease term of 2.4 years. 333 Thornall's column-free floor plates and 343 Thornall's recently renovated common areas, café, lounge, conference facilities, and fitness center support a targeted capital improvements program at 333 Thornall, creating a clear path to lease-up and stabilization. Situated at the crossroads of I-95, the Garden State Parkway, and I-287, and steps from Metropark Station, the Portfolio offers direct NJ Transit and Amtrak Acela service to New York Penn Station in 55 minutes. Metropark's Class A market remains structurally supply-constrained, with only 3 of 14 competitive buildings offering meaningful availability, positioning 333 & 343 Thornall to capture pent-up tenant demand immediately upon sale.
Due Diligence
Location
333 & 343 Thornall Street sit within Edison's Metropark submarket, five minutes from Metropark Station, which provides direct NJ Transit and Amtrak Acela service to New York Penn Station in just 55 minutes. The Portfolio has immediate access to I-95, the Garden State Parkway, and I-287, placing tenants minutes from Newark Liberty International Airport.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
