Prudential RE To Pay $184M For Office Tower

Parsippany, New Jersey–based Prudential Real Estate Investors is acquiring a 17-story office tower for $183.5 million.

Parsippany, New Jersey–based Prudential Real Estate Investors (Prei) is acquiring a 17-story office tower for $183.5 million, GlobeSt reports. The property is being sold by asset management firm BlackRock and real estate service provider Golub & Co.

The building, located at 22 W. Washington, has nearly 99 percent occupancy. Golub will retain management of the office building after the sale.

Click here for the story from GlobeSt.

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