Marcus Partners Announces Sale of 8 King Road in Rockleigh, New Jersey
Marcus Partners is pleased to announce that Marcus Capital Partners Fund I, L.P. has completed the sale of 8 King Road in Rockleigh, New Jersey.
Marcus Partners acquired this 190,970 SF office property in May of 2013. During due diligence, the team secured a 15 year lease renewal and expansion with the primary tenant and at closing the property was 100% leased. During its ownership, Marcus Partners completed a major redevelopment that transformed the property into a state-of-the-art modern life science facility and corporate office.
March 2016