Investcorp sells East Coast office buildings

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Investcorp sold two office buildings totaling 385,000 square feet in Florham Park, N.J. The total value of the transaction was not disclosed. Buildings 103 and 104, located at 180 Park Ave., are located in the former Rockefeller Group Corporate Park that Investcorp purchased in November 2002. The properties are leased on a long-term basis to AT&T Corp. Wells Real Estate Investment Trust II Inc. purchased the properties. Investcorp's New York-based team of real estate professionals focuses on high-quality existing commercial, hotel and residential properties. *** What's your opinion? Send your Letter to the Editor to