Avison Young named exclusive leasing and marketing agent for Elmwood Park’s River Drive office complex and Riverfront Center

Firm to lease three-building class-A corporate complex and oversee the marketing of a prime development opportunity in strategic Bergen County location

Morristown, NJ – Avison Young, the world’s fastest-growing commercial real estate services firm, today announced that its New Jersey office has been selected to serve as the exclusive office leasing agent for a three-building, class-A corporate complex located along River Road in Elmwood Park, NJ. The complex’s ownership includes the founders of one of the nation’s premier civil engineering firms. 

As part of the assignment, Avison Young is also marketing a prime development site that can accommodate more than 500,000 square feet (sf) of new construction ideally suited for hotel or office use.

Occupying a highly strategic location off Route 80 at exit 61, just 12 miles from Midtown Manhattan, the three existing office buildings – 611 and 619 River Drive and 200 Riverfront Boulevard – are situated less than a mile from the Garden State Parkway and Route 46, less than six miles from Teterboro Airport, and less than 17 miles from Newark Liberty International Airport, providing tenants with tremendous accessibility.

The complex serves as the corporate headquarters of a Fortune 500 company, the North American headquarters of a European digital imaging company, the headquarters of one of New Jersey’s largest savings banks, and the headquarters of an international civil engineering firm.

The properties feature sophisticated business-friendly infrastructure and amenities in a classic-yet-modern, high-quality corporate environment that includes available fiber optic connections, on-site storage, a full-service cafeteria and communal areas, and energy-efficient building systems. Attractive property grounds with extensive landscaping, garden areas, fountains and reflective pools, a courtyard and interconnected walking paths provide for a beautiful park-like setting.

The Avison Young team of Jeffrey L. Heller, Principal and Managing Director of the firm’s New Jersey office, along with Senior Vice-President Thomas G. Semler and Senior Vice-President Patrick R. Eichner, is managing the assignment on behalf of ownership.

“The Avison Young team’s local market expertise and network is an ideal fit not only to attract and retain tenants at our high-quality office buildings, but also to identify new business interests to capitalize on a prime development site approved for more than 500,000 square feet of new commercial construction,” states Bernard Langan, the complex’s owner. “With an accessible location and new construction development potential, these properties represent a unique mix of value and opportunity.”

“The three office buildings in this portfolio offer highly competitive space opportunities for businesses seeking to establish a presence in a centralized location without sacrificing quality or amenities,” comments Eichner. “Further, ownership is headquartered at 200 Riverfront Boulevard, which ensures that tenants will benefit from responsive on-site management and ownership’s commitment to maintaining these buildings’ strong market position.”

Adds Semler: “With newly constructed, high-end residential development as part of the complex, the available development site we are marketing presents a great opportunity for a hotel operator or build-to-suit office tenant to take advantage of the area’s continued growth.”

The properties are located within minutes of numerous restaurants, from fast food to gourmet dining options, as well as shopping, banks and other business support amenities.

Avison Young is currently marketing space opportunities in the portfolio’s three existing office buildings ranging from 1,250 sf to up to 65,000 sf.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,500 real estate professionals in 54 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.