CBC Advisors Expands New Jersey Presence

Two Buildings Offer Over 124,000 Square Feet of Class A Office Space

New Jersey (Feb. 8, 2017) – Coldwell Banker Commercial Advisors (CBC Advisors) continues to expand its New Jersey market presence and leasing portfolio with the addition of two new Class A office buildings: a two-story, 104,000 square foot Class-A office building and a four-story, 120,528 square foot Class-A office building.

Matthew D. Seltzer, executive managing director at CBC Advisors New York, serves as the firm’s New Jersey and suburban New York market leader. Seltzer is the exclusive listing broker for 50 Chestnut Ridge Road and 10 Independence Boulevard–both owned by American Equity Partners LLC.

“New Jersey offers a competitive commercial marketplace with unmatched opportunity for companies seeking a real estate strategy that magnifies current operations and accommodates continued growth,” said Seltzer.

50 Chestnut Ridge Road comprises 104,000 square feet of Class A office space with 8,397 square feet of available leasing space. Located off Exit 172 and the Garden State Parkway, the park is positioned just one-mile south of the New York state boarder and in close proximity to the Woodcliff Lake Hilton and Park Ridge Marriott Hotel. Surrounding amenities include retailers such as Apple, Panera Bread, Talbots, J. Crew, and Life Time Fitness.  The property is being retrofitted with a new lobby, common corridors, cafeteria and fitness center as well as turnkey improvements at reasonable rents. The property has become an ideal location for financial service firms, accounting agencies, medical practices, law firms and advertising agencies.

Located in Warren New Jersey, 10 Independence Boulevard encompasses 120,528 square feet of Class A office space with 62,250 square feet available space for lease on the third and fourth floors. The property will receive a new fitness center and experience significant upgrades to its lobbies and elevators. The building’s size and location have become an ideal destination for tenants specializing in telecommunication, pharmaceuticals, law, financial services, advertising and software development.

CBC Advisors is the largest Coldwell Banker Commercial affiliate in the world, operating from 30 primary and dynamic secondary markets coast to coast. The firm delivers comprehensive real estate strategy for tenant representation and advisory, location and relocation services. For more information on CBC Advisors or to inquire about opportunities available at 50 Chestnut Ridge Road and 10 Independence Boulevard visit www.cbadvisors.com.