5 Garret Mountain Plaza, a New Jersey office building located at a four-way interchange of I-80, is set to undergo a substantial renovation that will offer a blank canvas for companies seeking technologically advanced office space and amenities.
The 101,880-sf building is approaching the renovations with a “live-work-play” mentality. The renovations will include a full-service café, fitness center, conference center, and rooftop deck. Surrounding the building will be landscaping, nature trails, and views of Garret Mountain Reservation.
“Today’s workforce is younger than ever before, and companies often are challenged to find buildings that offer millennial employees a collaborative, productive work environment backed by a full complement of dynamic lifestyle amenities and conveniences,” says David Simson, Vice-Chairman and CEO of Newmark Knight Frank, the building’s leasing agent.
The building is seeking a sole tenant or a lead tenant of at least 50,000 sf. 5 Garret Mountain Plaza is part of a larger campus that includes two other buildings and a total of 401,000 sf of office space.
The building was originally 100% leased to Cytec Industries, a chemicals and materials technology company, and has not been available since it was built in the early 1980s.
Mountain Development Corp. owns the three-building campus.
Related Stories
MFPRO+ Special Reports | Jan 4, 2024
Top 10 trends in multifamily rental housing
Demographic and economic shifts, along with work and lifestyle changes, have made apartment living preferable for a wider range of buyers and renters. These top 10 trends in multifamily housing come from BD+C's 2023 Multifamily Annual Report.
Green | Dec 18, 2023
Class B commercial properties gain more from LEED certification than Class A buildings
Class B office properties that are LEED certified command a greater relative benefit than LEED-certified Class A buildings, according to analysis from CBRE. The Class B LEED rent advantage over non-LEED is about three times larger than the premium earned by Class A LEED buildings.
Office Buildings | Dec 12, 2023
Transforming workplaces for employee mental health
Lauren Elliott, Director of Interior Design, Design Collaborative, shares practical tips and strategies for workplace renovation that prioritizes employee mental health.
Office Buildings | Dec 11, 2023
Believe it or not, there could be a shortage of office space in the years ahead
With work-from-home firmly established, many real estate analysts predict a dramatic reduction in office space leasing and plummeting property values. But the high-end of the office segment might actually be headed for a shortage, according to real estate intelligence company CoStar Group.
Transit Facilities | Dec 4, 2023
6 guideposts for cities to create equitable transit-oriented developments
Austin, Texas, has developed an ETOD Policy Toolkit Study to make transit-oriented developments more equitable for current and future residents and businesses.
Office Buildings | Dec 1, 2023
Amazon office building doubles as emergency housing for Seattle families
The unusual location for services of this kind serves over 300 people per day. Mary's Place spreads across eight of the office's floors—all designed by Graphite—testing the status quo for its experimental approach to homelessness support.
Engineers | Nov 27, 2023
Kimley-Horn eliminates the guesswork of electric vehicle charger site selection
Private businesses and governments can now choose their new electric vehicle (EV) charger locations with data-driven precision. Kimley-Horn, the national engineering, planning, and design consulting firm, today launched TREDLite EV, a cloud-based tool that helps organizations develop and optimize their EV charger deployment strategies based on the organization’s unique priorities.
Market Data | Nov 27, 2023
Number of employees returning to the office varies significantly by city
While the return-to-the-office trend is felt across the country, the percentage of employees moving back to their offices varies significantly according to geography, according to Eptura’s Q3 Workplace Index.
Office Buildings | Nov 10, 2023
3 important early considerations for office-to-residential conversions
Scott Campagna, PE, Senior Director of Housing, IMEG Corp, shares insights from experts on office-to-residential conversion issues that may be mitigated when dealt with early.
Laboratories | Nov 8, 2023
Boston’s FORUM building to support cutting-edge life sciences research and development
Global real estate companies Lendlease and Ivanhoé Cambridge recently announced the topping-out of FORUM, a nine-story, 350,000-sf life science building in Boston. Located in Boston Landing, a 15-acre mixed-use community, the $545 million project will achieve operational net zero carbon upon completion in 2024.
