Cushman & Wakefield is working on behalf of Advance Realty Investors to market three Bedminster office buildings spanning more than 140,000 square feet. — Courtesy: C&W
By Joshua Burd
Advance Realty Investors has tapped Cushman & Wakefield as its leasing agent for a cluster of Somerset County office buildings spanning more than 140,000 square feet.
According to the real estate services firm, the portfolio includes two properties on Route 206 in Bedminster. The larger of the two, Advance at Bedminster, is a three-building, 88,500-square-foot campus at 1420 and 1430 Route 206, while the second is a 55,000-square-foot building at 1545 Route 206 known as Executive Quarters.
Cushman & Wakefield’s William O’Keefe and Kelsey Nakamura are leading the assignment, which currently entails about 41,000 square feet of available space within the portfolio. That includes 24,000 square feet at Advance at Bridgewater.
“This community has been a preferred location for businesses and the campus has been historically well-occupied,” Nakamura said. “For companies in New York City that are considering space in the suburbs and small to midsized firms looking to establish or grow their presence in downtown Bedminster, this property offers high-quality plug-and-play office space that is immediately available.”
Ownership is currently making upgrades at the Advance at Bedminster campus, including lobby and common area improvements, a renovated fitness center and a courtyard makeover. Nakamura added that Advance “is deeply invested in the campus” and is headquartered there, “making the team highly attuned to tenants’ needs.”
The portfolio is within walking distance of municipal buildings, the post office, local shops and restaurants, C&W said. The properties are also one mile from the Far Hills train station, while providing immediate access to Route 202 and interstates 287 and 78.
Located on the west side of the Route 206 and Lamington Road intersection, Executive Quarters is a three-story office building with amenities including a fitness center, dry cleaning valet service and shared meeting and conference room space, according to a news release.
“The Bedminster submarket’s accessibility and quality of life have attracted successful and prominent corporations across a range of industries,” O’Keefe said. “Already, we have seen evidence of sustained regional demand in the form of steady inquiries from tenants of all sizes.”