399 Hoes Lane (AXRIA Building) is a 62,242 square-foot, three-story office property in Piscataway, NJ’s Route 287 East submarket. Constructed in 1985, the masonry-clad asset occupies a 4.60-acre site (0.31 FAR) and offers 256 surface parking spaces (4.11/1,000 SF). AXRIA acquired the fully vacant building from previous owner operator Hapag-Lloyd in July 2023 for $3.8 million and repositioned it through a deep value-add renovation, converting available suites into modern office spaces with controlled-access entry, upgraded MEP systems, and enhanced amenities. The property now serves as AXRIA’s corporate headquarters and remains under company ownership and management. Proximity to Dunellen and Bound Brook rail stations (10 minute drive) and access to major arterials support employee commute and tenant attraction.
