WOODBRIDGE, N.J. — Prism Capital Partners and Northwestern Mutual have sold Avenue & Green in Woodbridge to Pantzer for $79 million. The property has been renamed The Point Woodbridge. JLL’s Jose Cruz, Mike Oliver, Steve Simonelli, Elizabeth DeVesty, Austin Pierce and CJ Anania arranged the sale on behalf of the seller. Avenue & Green was completed in 2021 and comprises 232 units, a resort-style pool, courtyard, grills and outdoor dining areas, fire pit, resident lounge, billiards, shuffleboard, a fitness center, demonstration kitchen, bike storage, coworking space and parking. The property also features 10,000 square feet of fully leased retail space. Tenants include LeGrand Coffee House and The UPS Store. The property is across the street from the Woodbridge train station with service to Manhattan.
Prism Capital Partners and Northwestern Mutual have sold Avenue & Green in Woodbridge, N.J. to Pantzer for $79 million. The property benefits from a 30-year PILOT program and has been renamed The Point Woodbridge
Pantzer Buys Transit-Oriented Community in New York City Metro for $79M
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