SJP Properties acquires 200 Wood Avenue South in Woodbridge, NJ
WOODBRIDGE, NJ — SJP Properties has acquired 200 Wood Ave. South, a 270,000 s/f, class A office building in Woodbridge. Leveraging the strength of its vertically integrated platform, SJP will apply its expertise in asset, property, leasing and construction management to modernize the property for today’s tenant requirements. “We continue to study the New Jersey market and are strategically expanding our portfolio in prime locations that benefit from the ongoing migration of companies to areas that offer superior access to labor and transit,” said Steven Pozycki, CEO of SJP Properties. “We look forward to maximizing the value of this opportunistic acquisition.” SJP’s plans for 200 Wood Ave. include all-new finishes, building systems and an amenity package with a state-of-the-art fitness center, improved conferencing facilities and dining center, and collaborative indoor and outdoor areas.