New York Life Real Estate Investors, a subsidiary of New York Life Insurance Company, purchased the Forest Park Corporate Center consisting of seven warehouses and one office building in South Jersey from MEPT / New Tower Trust Company and Bentall Kennedy (US) LP.
The deal included 1220, 1222, 1224, 1225, 1226, 1228, 1240, and 1245 Forest Parkway in West Deptford, NJ. The portfolio totals 1,468,225 square feet of rentable building area that was 79 percent occupied at the time of sale.
www.omegare.com
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