CBRE Group, Inc. Appointed Exclusive Leasing Agent For 340 Changebridge Road, Montville, N.J.
Two Headquarter-Quality Buildings on a Premier
27-Acre Corporate Campus
Montville, N.J. (July 22, 2014)– CBRE Group, Inc., New Jersey’s largest commercial real estate brokerage firm, announced today that it has been selected as the exclusive leasing agent for 340 Changebridge Road, two headquarter-quality buildings totaling 218,413 square feet located on a 27-acre, secured corporate campus in Montville, New Jersey.
CBRE’s Senior Vice President Geoff Schubert, Vice President Brian Godau, and Associate Todd Ward will be responsible for leasing and marketing the property on behalf of the owner, Vision Real Estate Partners, LLC.
“This is a unique opportunity for companies to establish an institutional presence in a premier headquarters facility on a secure corporate campus, with exceptional on-site amenities, property management, security booth at the gated entrance and high-quality planned upgrades to the properties,” said Mr. Schubert.
The two properties, each consisting of three stories plus a lower level, are currently vacant and formerly served as a corporate campus for Bayer Corporation. The buildings have been well maintained since their construction, and are well situated on 27 landscaped acres in Montville Township. The campus is immediately adjacent to Exit 48 of I-80 and Route 46, and just one and a half miles to I-280 and three miles to I-287.
Property amenities include conference and training facilities, full-service cafeteria, fitness center, ample on-site parking and all-new HVAC at one of the buildings.
In Money magazine's 2013 Best Places to Live rankings, Montville Township was ranked 13th in the nation, the second-highest among the three places in New Jersey included in the top 50 listing.
About Vision Real Estate Partners, LLC
Vision Real Estate Partners is a full-service real estate investment, development and asset management company. As a classic local, hands-on owner, developer and operator, Vision Real Estate Partners is well known for its deep roots and experience in the New Jersey/New York regional marketplace, and for its track record of identifying properties with great potential and transforming them into superior assets. Vision Real Estate Partners is currently redeveloping more than 2 million sq. ft. of space in the region which it owns and manages, and has over 125 acres of land parcels available for mixed-use and build-to-suit opportunities.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.