Aspen Corporate Office Park
Woodbridge, NJ

On September 22, 2005, Meritage, in joint venture with Ivy Equities, acquired Aspen Corporate Park, a two building complex located in one of New Jersey’s strongest submarkets. Aspen Corporate Park is Meritage’s first joint venture acquisition with Ivy Equities. As part of a repositioning effort, this 90,800 SF, two building office complex has undergone several capital improvements, including a new roof and new HVAC system. Major tenants include A&E Mortgage Company and Cornerstone Management Solutions. When we purchased the property, the occupancy was at 64%, currently we are approaching 90%

Aspen is easily accessible from Route 1 & 9, the Garden State Parkway and the New Jersey Turnpike and is also located within close proximity to shopping, restaurants, hotels, and conference facilities, Metro Park Rail Station, Newark International Airport and New York City.

For Further Information Contact:

Meritage Properties
(Owner) (914) 723-3533

Ivy Realty
(Owner & Manager) (201) 573-8400

Ivy Realty
Marion M. Geddes
(Leasing Agent) (201) 573-8400
MGeddes@IvyEquities.com