Commercial real estate firm CBRE recently announced it has brokered the sale of a 281,762-square-foot property at the 280 Corporate Center Business Park, just off of Exit 5 of Interstate 280.
CBRE quoted a sales price of $16.7 million for the property.
The team of CBRE consisting of Jeffrey Dunne and Jeremy Neuer worked alongside Patrick Arangio and Jack Howard as well as Nick Savage in the sale of 4 Becker Farm Road, Roseland.
“The property enjoys immediate access to northern New Jersey’s major commuter highways and nearby amenities and (is) only 30 minutes from Manhattan,” CBRE said in a news release. “Currently 95 percent leased, 4 Becker Farm Road offers a strong credit rent roll with two of the most recognizable professional services companies in the country, KMPG (91,003 square feet) and CohnReznick (155,993 square feet).”
“With the impending vacancy, 4 Becker is an excellent redevelopment opportunity for new ownership,” Dunne said.
