-- 162,500-sf Class A office property situated between I-80 and Route 46 offers value pricing, convenient location --
Parsippany, NY – March 14, 2016 – Colliers International Group Inc. has been retained as the exclusive leasing agent for Highpoint Corporate Center, a 162,500-square-foot, Class A office property located at 695 Route 46, in Fairfield, New Jersey.
The Colliers International team led by Executive Managing Director Richard Mirliss, along with Associates Alex Vitro and Ryan Haggerty, will serve as exclusive leasing agents for the property on behalf of the landlord, LMR USA.
Following its purchase through a foreclosure process, Highpoint Corporate Center underwent a complete renovation, returning the well located-asset to its former Class A status. Tenants have the opportunity to occupy blocks of space ranging from 1,500 square feet up to 100,000 square feet. Amenities include a new cafe, fitness center and shared conference facility.
Situated on Route 46 with easy access to I-80, I-287, I-208, and U.S. Routes 3, 10, and 23, Highpoint Corporate Center is within 16 miles of Newark Liberty International Airport and 19 miles of Midtown Manhattan. The property is also located near the Willowbrook Mall, Crowne Plaza Fairfield, La Quinta Inn & Suites Fairfield, and various stores and restaurants.
“The owner’s basis in this property gives them the ability to structure transactions well below market in this newly renovated Class A property,” Mirliss said. “Given Highpoint Corporate Center’s unparalleled access to major highways, proximity to the airport and Manhattan, and surrounding hospitality and retail offerings, the property is ideal for any tenant looking for incredible value in a high quality property with terrific amenities.”
Mirliss noted that Highpoint Corporate Center is receiving interest from a wide range of tenants, including those in the manufacturing, financial services, and technology sectors.
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
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