Real Estate Journal — Northern New Jersey — September 16 - 29, 2016 — 11B
www.marejournal.com
M id A tlantic
N orthern N ew J ersey
JV ownership finalizing multi-tenant renovation at former Bayer office campus VisionReal Estate Partners, Real Capital Solutions’ repositioning of Mountain Ridge nearly complete
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infused elements to bring it to today’s workplace standards for efficiency, lifestyle and aesthetics,” said Sam Mor- reale , founder and managing partner of Vision Real Estate Partners. “Ultimately, this campus will provide a setting that helps tenants recruit and maintain talent, and promotes productivity and success.” The second building at Mountain Ridge is available for custom build-out. The ownership also is considering alternate uses for a portion of the campus. n
ONTVILLE, NJ — Vision Real Es- tate Partners and
Real Capital Solutions are wrapping up the multi-ten- ant repositioning of Moun- tain Ridge on Changebridge Rd. in Montville. The project involves a major speculative renovation of one of the twin, 105,000 s/f, class A office buildings on the former Bay- er Pharmaceuticals campus. The joint venture owner- ship has replaced the front of the travertine marble struc- ture with a glass curtain wall system. The design extends the third-story forward, cre- ating distinctive exterior angles. Metal cladding and architectural elements carry through to the back of the building, where a new aw- ning has been installed. Inside, a two-story atrium lobby features stone, mill- work, upgraded lighting and lounge seating with a cof- fee bar. Vision Real Estate Partners and Real Capital Solutions are creating a town hall-style conference area in the extended third-floor space, and refinishing eleva- tors, bathrooms and other common areas throughout the building. Mountain Ridge at Montville features flexible, 25,000 s/f floor plates – in- cluding three stories and a lower level – with a 5/1,000 parking ratio. Mountain Ridge sits on a gated, 27-acre hilltop site fronting on I-80 at exit 48. It is located just two blocks from Rte. 46 at Hook Moun- tain Rd., 1.5 miles from I-280 and three miles from I-287. Cushman & Wakefield ’s Curtis Foster and Jer- ry Shifrin are marketing Mountain Ridge. “This prop- erty offers unparalleled ac- cess and prominent identity,” Foster noted. “We are seeing strong interest from mid- size, headquarters-type users as well as smaller require- ments. The beauty of Moun- tain Ridge is that it offers the flexibility to accommodate all types of tenants seeking modern space.” Vision Real Estate Part- ners and Real Capital Solu- tions both have track records of successfully repurposing older buildings as modern workplaces. “At Mountain Ridge, we have taken what was already an institutional- quality office building and
Mountain Ridge
FRANKLIN TWP. NJ
ROUTE 287 - EXIT 12
99 , 636 SF E-Commerce Fulfillment Center
Expandable to 129,000 SF
Includes 29,962 SF Offices 732-287-4880
FIBER OPTIC DATA ON-SITE HEAVY POWER (1200 Amps)
BACK-UP GENERATOR
8 Tailboard Doors NEW ROOF 181 Car Parking
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