Deals & Dealmakers

Cushman tapped to lease former Bayer property

Real Capital Solutions (RCS) and Vision Real Estate Partners (VREP) have named Cushman & Wakefield as exclusive leasing agent for Mountain Ridge at Montville.
Curtis Foster and Jerry Shifrin of the commercial real estate services firm’s East Rutherford, N.J., office are marketing the 200,000 s/f former Bayer Pharmaceuticals office property.

The joint venture ownership is renovating one of the twin, Class A buildings at the 27-acre Changebridge Road campus on spec.

RCS/VREP is replacing the front of the travertine marble structure with a stone and glass curtain wall system. The design extends the third-story forward, creating distinctive exterior angles. Metal cladding and architectural elements will carry through to the back of the building, where a new awning will be installed.

Inside, a two-story atrium lobby will feature stone, millwork, upgraded lighting, and lounge seating with a coffee bar. The ownership will create a town hall-style conference area in the extended third-floor space, and refinish elevators, bathrooms and other common areas throughout the building.

Mountain Ridge at Montville features 25,000 s/f floor plates – including three stories and a lower level – with a 5/1,000 parking ratio.

“These institutional-quality buildings could serve as a headquarters facility for a single user or easily divide for multiple full-floor tenants,” Foster said.

The RCS/VREP partnership also is considering alternate uses for the second building at Mountain
Ridge.

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