West Orange Office Complex Sold To PAG Investments

WEST ORANGE, NJ — Executive Hill Office Park, a four-building office complex in West Orange, was recently sold to PAG Investments, according to a news release.

Last week, Holliday Fenoglio Fowler L.P. (HFF) announced that it sold the office complex on behalf of the seller, “an entity controlled by RNY Property Trust.” No selling price was given in the firm’s news release.

According to HFF:

“The office complex consists of 31 acres and comprises 10 Rooney Circle and 100-300 Executive Drive. Built between 1971 and 1984, the complex's amenities include a full-service cafeteria, shared conference room and fitness center. The property is 48 percent leased to tenants, including Lincoln Educational, GEICO and a U.S. government agency. Located off Prospect Avenue and Rooney Circle, Executive Hill Office Park is situated at a full interchange of Interstate 280. The Essex Green Shopping Center is also located adjacent to the complex.”

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Photo: HFF