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Transactions - MAY 15, 2020

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EverWest Real Estate Investors sells two-building office compex

by Released

EverWest Real Estate Investors has sold Mountain Heights Corporate Center, a two-building, class A office complex totaling nearly 303,000 square feet in Berkeley Heights, N.J.

The financial terms and the seller were not disclosed.

Mountain Heights Corporate Center is located at 420 and 430 Mountain Ave. in the prestigious Interstate 78 Corridor submarket of Northern New Jersey. This location offers convenient access to Manhattan and Newark Liberty Airport, as well as many shopping and dining options in downtown Berkeley Heights and Summit, N.J. The property features covered executive parking, a full-service cafeteria and a fitness center with locker rooms. Recent renovations made to the complex led to a surge in new leasing, which resulted in occupancy of nearly 80 percent.

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