80 Cottontail Lane, Somerset, NJ: A Landmark Office Complex Finds New Ownership and New Life
Somerset County’s commercial real estate market just saw one of its most notable transactions of the year. 80 Cottontail Lane in Somerset, NJ, a Class A office building known for its visibility and accessibility, has been sold for $4.5 million through a Ten-X auction. The 84,325-square-foot property, located just off Exit 12 of I-287, is now under the ownership of Pillar Plaza LLC, a group with deep ties to both business and community initiatives.
For businesses looking to expand or relocate in Central Jersey, this deal brings more than just a change of ownership. It signals a wave of fresh investment, upgraded amenities, and new leasing opportunities in one of Somerset County’s most strategically positioned office towers.
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A Prime Location with Regional Reach
80 Cottontail Lane sits at the crossroads of convenience. Its Somerset County location offers immediate access to I-287, with easy connections to I-78, Route 22, and the New Jersey Turnpike. This makes the property an attractive headquarters or satellite office for companies that need seamless connectivity across the tri-state area.
Tenants here benefit from being in the heart of a bustling commercial corridor—surrounded by restaurants, retail centers, and nearby transit routes. For companies prioritizing both accessibility and visibility, the address checks every box.
Features and Amenities That Stand Out
This four-story tower isn’t just another office building—it was designed to appeal to today’s workforce. Highlights include:
- Atrium Lobby & Natural Light – A welcoming entry with abundant glass and open design.
- On-Site Property Management – Providing immediate support for tenants and their operations.
- Daycare Facility & Restaurant – Convenience for working professionals with family needs and daily lunch options.
- EV Charging Stations & Solar Canopy Parking – Sustainable features with 329 spaces available.
- Flexible Floor Plans – Approximately 39,454 square feet remain available, with units ranging from 3,000 to 10,000 sq. ft.—ideal for both startups and established firms.
With common areas already under renovation, the new ownership is ensuring the property feels modern, functional, and tenant-focused.
The New Owners: Business Meets Community
What makes this deal especially unique is who the buyer is. Pillar Plaza LLC is affiliated with Pillar Ministries and Pillar Media, the organization behind STAR 99.1, a contemporary Christian FM radio station that broadcasts across the New York metro area. From the fourth floor of the building, you can even spot STAR 99.1’s radio tower in the Watchung Hills—a symbolic reminder of how community engagement and business enterprise intersect here.
Pillar Plaza LLC has already announced plans to occupy an additional 20% of the building’s space, ensuring a strong anchor presence while signaling confidence in the property’s future.
Behind the Deal: Industry Leaders at Work
The acquisition was guided by Bussel Realty Corp. (BRC), a Central New Jersey-based firm with over 40 years of experience in the region’s industrial, retail, and office real estate markets. Gregory Irving, Executive Vice President and partner at BRC, represented Pillar Plaza LLC and now serves as the exclusive leasing agent for the Somerset property.
With decades of experience and membership in the prestigious Society of Office & Industrial Realtors (SIOR), Irving brings credibility and market knowledge that positions 80 Cottontail Lane for success in its next chapter.
On the seller’s side, Colliers International, a global real estate powerhouse with operations in 68 countries, managed the transaction. Led by Vice Chair Jacklene Chesler and Vice President Patrick Norris, the Colliers team leveraged the Ten-X auction platform to bring the deal to a close.
Behind the sale: Bussel Realty Corp. is a Central New Jersey-based real estate services firm that represented the buyer, Pillar Plaza LLC, in the $4.5 million office building acquisition.
Focus: BRC is a leading independent brokerage firm with a specialty in industrial and retail real estate. The company provides a full range of brokerage services, including leasing and sales, and has a large, dedicated staff of industrial brokers.
Market presence: The company has been serving the Central New Jersey commercial real estate market for over 40 years, with a strong market share in the region, based on completed industrial deals.
Key agent: Gregory Irving, Executive Vice President and partner at Bussel, represented Pillar Plaza LLC. Irving has over 30 years of experience in industrial, office, investment, and retail real estate. He is also the newly appointed exclusive leasing agent for the Somerset property, now owned by Pillar Plaza LLC.
Professional memberships: BRC holds individual memberships in the Society of Office & Industrial Realtors (SIOR), which is the largest national professional organization of corporate real estate service providers in the United States. Colliers is a global, diversified professional services and investment management company that represented the unnamed seller in the deal.
Global reach: With operations in 68 countries and a team of over 24,000 professionals, Colliers provides expert advice on property to clients worldwide.
Comprehensive services: Its services include capital markets, property management, leasing, valuation and advisory, and project management across all major property types, including office, industrial, retail, and multifamily.
Key agents: A Colliers team was led by Vice Chair Jacklene Chesler and Vice President Patrick Norris. Jacklene Chesler: A Vice Chair and leader of the Capital Markets and Investment Services team, Chesler has over 25 years of experience in the real estate industry. She has extensive experience with institutional and private investors and frequently uses online auction platforms for transactions, like the Ten-X auction used for the Somerset deal. Patrick Norris: A Vice President on the Capital Markets and Investment Services team, Norris specializes in institutional and private investor transactions across New Jersey and the tri-state area. He also has expertise in online auction platforms.
A Building with History—and New Potential
The property last changed hands in 2022 for $7.5 million, but under new ownership, the focus is on value creation. After nearly 30 years with its previous owner, 80 Cottontail Lane is positioned for a reinvention. With strong bones, modern upgrades, and a clear leasing strategy, the building is being marketed as a value-add opportunity for companies eager to secure high-quality office space in a competitive market.
For Somerset County businesses—or those looking to move into this thriving region—the opportunity is clear. This isn’t just an office tower. It’s a hub for growth, a statement address, and a chance to be part of a revitalized commercial destination.
Why This Matters for Somerset County
Commercial real estate in New Jersey continues to evolve, with companies seeking modern amenities, sustainable features, and prime locations. The sale and revitalization of 80 Cottontail Lane demonstrates renewed confidence in Somerset County as a business hub.
For tenants, the advantages are tangible:
- Accessible location for employees and clients.
- Flexible leasing options suited for growth.
- Upgraded features that align with today’s workplace demands.
As Pillar Plaza LLC invests in the property’s future, businesses across industries—from tech and finance to health care and media—will find strong reasons to call 80 Cottontail Lane home.
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✅ Bottom Line: The sale of 80 Cottontail Lane is more than a real estate headline. It’s a story of community, opportunity, and the next phase of Somerset County’s growth. With new owners, new energy, and new leasing opportunities, this office complex is ready to shine again as one of Central New Jersey’s premier business addresses.
For more insights into New Jersey’s commercial real estate market and recent developments, explore our business coverage and our Real Estate coverage.
