Hackensack, N.J. (Mar. 24, 2008) — Normandy Real Estate Partners, one of the largest real estate owners and operators in the Boston to Washington, D.C. corridor, celebrated the completion its multimillion-dollar renovation program at Continental Plaza with a highly successful unveiling for the commercial real estate brokerage community. Over 200 real estate professionals attended the event which was held in one of the dramatic new lobbies of the a three building class A office complex totaling 650,000 square feet in Hackensack, N.J.
The Walsh Company LLC served as the project owner’s representative at Continental Plaza. Exterior renovations included significant improvements to the existing pedestrian bridges between the parking decks and buildings, which are highlighted by translucent canopies, and the addition of a dramatic landscaping program.
Interior improvements included renovating the ground floor lobbies of all three buildings (401, 411 and 433 Hackensack Avenue) with distinctive wood ceilings, cherry wood paneling, high-end carpeting and lighting, contemporary furnishings and new state-of-the-art touch screen directories and flat panel LCDs. All of the elevators were refurbished with wood wall panels, stone flooring and stainless ceiling modules. Additionally, the lower concourse level between buildings 401 and 411 was given a new high-end image to including an upgraded full-service cafeteria; a tenant exclusive gym; a conference center, dry cleaning service and a newsstand.
“With the completion of these extensive renovations at Continental Plaza, we are confident we have created one of the finest office environments in all of northern New Jersey,” stated William O’Keefe Jr., vice president of Normandy. “The response to our renovations from existing tenants, as well as from the real estate industry, has been extremely positive. Continental Plaza provides tenants will all the amenities, finishes and technological infrastructure that today’s sophisticated and value conscious tenants require.”
Continental Plaza is located in the heart of Bergen County at the intersection of Route 4 and Hackensack Avenue in Hackensack. Located on 11.9 acres, the complex provides 650,000 square feet of Class A office space throughout three contemporary office towers. On-site amenities include a conference center, 24-7 security, T.G.I. Friday’s restaurant, dry cleaner, USPS substation, FedEx/UPS drop, full-service bank, cafeteria, Push Fitness Center and a multilevel and interconnected garage with parking for 2,500 vehicles. Continental Plaza is only five miles from the George Washington Bridge, just 15 minutes from midtown Manhattan and offers easy access to all major destinations throughout the state and the entire New York Metropolitan region.
Newmark Knight Frank Managing Director Frank D. Recine and Executive Managing Director Timothy R. Greiner are the exclusive leasing agents for this facility. Currently 96,500 square feet is available throughout Continental Plaza, offering 2,000 to 40,000 square feet of contiguous space.
About Normandy Real Estate Partners
Normandy Real Estate Partners, LLC is a fully integrated real estate investment management firm based in Morristown, NJ with offices in New York, Boston, and Washington, DC. Normandy has invested over $1 billion of equity totaling approximately $4 billion in asset value. In 2006, Normandy closed on its current discretionary real estate fund, Normandy Real Estate Fund, L.P., with projected total purchasing power of approximately $1.8 billion. Targeting the northeast and mid-Atlantic markets of Boston, Metro New York City, Northern New Jersey, Philadelphia, and Metro Washington D.C., Normandy pursues property investments of all types where opportunities exist to enhance value through creative repositioning, intensive management, leasing and capital improvements.