Property Tours: Property tours are available on Wednesday, May 17th, and Thursday, May 18th, by appointment only. Please contact Jonathan Schlussel at jonathan.schlussel@colliers.com or 973-299-3010 to schedule a tour. Investment Highlights: * 98% Occupied Property with Rent Appreciation Upside Potential * Over $1 million in recent capital improvements * Strengthening Market Fundamentals * Easily accessible from Route 287 * Located in a fiber-rich area with onsite data center Investment Overview: Colliers International and Ten-x are pleased to present the fee simple sale of 15 Corporate Place South located in Piscataway, New Jersey. Built in 1983 and renovated in 2013, 15 Corporate Place South is a ±161,599 SF four-story office building. 15 Corporate Place South is situated within Corporate Park 287, which includes large corporate users including Siemens AG, Nomura Securities, Barclays, Marlabs, and Verizon. The Property’s attractive location within Middlesex County provides easy access to the county's amenities and skilled work force. 15 Corporate Place South provides exceptional access to all of New Jersey’s major highways; the Property is located less than one-half mile from Interstate 287, five (5) miles from the New Jersey Turnpike, seven (7) miles from Interstate 78, and eight (8) miles from the Garden State Parkway. 15 Corporate Place South presents an opportunity for investors to acquire a property with an attractive current yield, which also offers significant amount of upside in the form of mark-to-market rent appreciation upside. Ownership purchased the Property in 2012 and invested over $1 million of capital into the property. Management commenced an aggressive lease-up strategy increasing the building occupancy to 98%. With the goal of maximizing occupancy and improving net cash flow, this leasing strategy included signing short term leases at below market level rents leaving additional opportunity for the next investor. This property will be auctioned on Monday, May 22 - Wednesday, May 24 . The price displayed is the starting bid amount of $2,500,000. For information and to register to bid on this property, please visit Ten-X.com.