By Post Monday, April 25 2016 @ 11:46 AM EDT
-- 650,000-sf, Class A office park in Bergen County sits at 72 percent occupancy; offers substantial capital improvements, premier location --
Parsippany NJ – April 25, 2016 – Colliers International Group Inc. announced today that it has been named exclusive advisor for the sale of Continental Plaza, a 650,000-square-foot, Class A corporate office park located in Hackensack, New Jersey, at 401, 407, 411, and 433 Hackensack Avenue.
With more than $16.5 million invested in upgrades between 2012 and 2016, the Bergen County property has undergone a major renovation program. At 72 percent occupancy, the complex offers the next owner to benefit from the lease-up of the vacant space. The repositioning of the asset will place the asset as one of the premier Class A office towers in the state.