Login

Summit Associates Purchases Portfolio

Buys Two Flex Buildings in Hillsborough for $6M
By Karen Liu
September 5, 2003 | 8:48 P.M.

Summit Associates Inc. purchased a 2-building portfolio in Hillsborough, NJ, from Hillsborough Group One. Summit purchased the 107,044-square-foot portfolio for approximately $6 million, about $56 per square foot. Both buildings, 216 US Highway 206, known as Valley Park Business Center, and 1 Harvard Way, known as Hillsborough Business Campus, were constructed in 1989 and sit on 31 acres. At the time of sale, the buildings were 90% leased.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE