Oct. 25: Open House At Largest Available Class A Facility In NJ

11 Oct, 2007, Mount Olive, NJ

C&W to Host Event at Morris Crossroads Corporate Center in Mount Olive

Cushman & Wakefield, Inc. will host an open house showcasing Northern New Jersey’s largest available Class A campus on Thursday, Oct. 25. Featuring 950,000 square feet of space divisible to 150,000 square feet, Morris Crossroads Corporate Center is located at 3000 Continental Drive North in Mount Olive.

Members of the commercial real estate brokerage community are invited to attend the open house, which will feature tours, cocktails and hors d’oeuvres, and giveaways. For more information or to RSVP, please call Heather at 973-292-4619.

The first 30 office brokers to attend the event will receive an iPod Shuffle or a personal DVD player. All attendees are eligible to win one of three 42” Plasma TVs or one of 15 Apple iPhones.

The 97-acre site includes five interconnected Class A buildings, which were developed between 1994 and 1998. Development rights on an adjacent land parcel offer another 700,000 square feet. Property features include state-of-the-art technology and security systems, redundant power, excellent flexibility for a wide range of occupiers, landscaped grounds, a two-story glass-walled cafeteria, extensive outdoor walking trails, and a total of 2,482 parking spaces within two garages.

“Its extensive, modern infrastructure makes Morris Crossroads Corporate Center a terrific alternative to new construction,” noted Cushman & Wakefield’s Robert Donnelly. “With occupancy costs 60 to 80 percent lower than Manhattan, and the added benefits of the reverse commute and suburban appeal of western Morris County, this campus truly presents an unparalleled large-block leasing opportunity.”

An affiliate of BPG Properties, Ltd. (BPG), the real estate investment manager for Berwind Property Group, Ltd. and other major institutional investors acquired Morris Crossroads Corporate Center in 2006. The property is being managed by BPG Management Company, L.P., which has completed extensive lobby and common-area renovations, and introduced an on-site fitness center and new landscape program.

Located just off Exit 25 of I-80, 3000 Continental Drive North is part of the International Trade Center campus, a 680-acre corporate park that is home to BMW, COTY, Federal Express, Seiko and other leading corporations. The master development also has a child care center, an NJ Transit train station, a helipad, a Wyndham Hotel and a Marriott Residence Inn.

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Cushman & Wakefield is the world's largest privately held real estate services firm. Founded in 1917, the firm has 215 offices in 56 countries, and more than 12,000 professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. The firm also provides valuation advice, strategic planning and research, portfolio analysis, site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, visit the firm's Web site at www.cushwake.com.

Media Contact: Evelyn Weiss Francisco: evelyn@caryl.com, (201) 796-7788

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