Receiver Sale: Metropark Office Duo | Lease-Up Upside

Highlights:

• 396,289 SF Class A Metropark Portfolio: Two-building office portfolio anchors New Jersey's premier transit-oriented submarket.
• Steps from Metropark's Amtrak/NJ Transit: Direct NJ Transit and Amtrak Acela access puts New York Penn Station just 55 minutes away.
• 57% Leased with 16 Established Tenants: In-place tenants include Greater NY Mutual, TP ICAP, HMH, US Bank, and Travelers Indemnity.
• Clear Path to Lease-Up via Capital Plan: Targeted upgrades to 333 Thornall create a defined path to stabilize the entire Portfolio.
• Metropark's Class A Supply Is Constrained: Only 3 of 14 competitive buildings offer meaningful availability across the submarket.
• Crossroads of I-95, I-287, and the Parkway: Property sits at the intersection of three major highways, offering unmatched regional access.

Description:

For more information visit:
https://rimarketplace.com/auction/3464/office/edison/nj?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=office_3464

Brokered by Newmark and powered by RealINSIGHT Marketplace, 333 & 343 Thornall Street is a 396,289-square-foot, two-building Class A office portfolio in Edison, New Jersey's Metropark submarket. Newmark serves as exclusive advisor to Trigild, the court-appointed receiver, in the sale of the leasehold interest. The Portfolio is currently 57% leased across 16 tenants, including Greater NY Mutual, TP ICAP, HMH, US Bank, and Travelers Indemnity, with a weighted average lease term of 2.4 years. 333 Thornall's column-free floor plates and 343 Thornall's recently renovated common areas, café, lounge, conference facilities, and fitness center support a targeted capital improvements program at 333 Thornall, creating a clear path to lease-up and stabilization. Situated at the crossroads of I-95, the Garden State Parkway, and I-287, and steps from Metropark Station, the Portfolio offers direct NJ Transit and Amtrak Acela service to New York Penn Station in 55 minutes. Metropark's Class A market remains structurally supply-constrained, with only 3 of 14 competitive buildings offering meaningful availability, positioning 333 & 343 Thornall to capture pent-up tenant demand immediately upon sale.

Location
333 & 343 Thornall Street sit within Edison's Metropark submarket, five minutes from Metropark Station, which provides direct NJ Transit and Amtrak Acela service to New York Penn Station in just 55 minutes. The Portfolio has immediate access to I-95, the Garden State Parkway, and I-287, placing tenants minutes from Newark Liberty International Airport.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

Documents: