120 Eagle Rock Ave. in Hanover — Courtesy: Colliers International
By Joshua Burd
The new owner of a nearly 178,000-square-foot office building in Hanover has picked Colliers International as its leasing agent for the property.
Brokers with the firm will work on behalf of Northeast Capital Group to market and lease the three-story property, which is 85 percent leased. Located at 120 Eagle Rock Ave., the 177,820-square-foot building boasts a series of recent renovations, including upgrades to interior finishes and the addition of a new café with outdoor seating, conference rooms, a tenant lounge and a fitness center.
The Colliers team includes executive managing directors Samuel Horowitz and Chris Hovanec.
“This building checks each of the boxes that prospective tenants continue to search for,” Horowitz said. “The property is situated in an exemplary location and offers flexible workspaces and desirable amenities to meet the needs of a wide variety of tenants. We expect to fill the remaining space immediately and look forward to welcoming more top organizations to an already impressive tenant roster.”
Previously owned by Boxer Property, 120 Eagle Rock Ave. is home to tenants such as Prudential Insurance Co. of America, Kessler Foundation and GFK. Northeast Capital acquired the property in February after being drawn to its location off Interstate 280, along with its proximity to interstates 80 and 287.
Colliers said the building also features co-working opportunities for small companies and has acted as an incubator for tenants that may be interested in taking advantage of flexible expansion opportunities.
“We’re excited with our recent acquisition of 120 Eagle Rock,” said Joel Kiss, CEO of Northeast Capital. “This is a unique and high-quality building with a great community of tenants, we look forward to operate this building smoothly to the satisfaction of our tenants and also improving and upgrading the building as needed.”
HFF inks sale of 178,000 sq. ft. office building in East Hanover
