A 1,066,165-square-foot office building in the suburbs of Boston. The property consists of 12 buildings originally constructed for use as a mill between 1844 and 1918, and situated on a 49.22 acre campus. The property was converted to office use in the 1980's by Digital Equipment Corp (DEC). DEC sold the property in 1995 after being acquired by Compaq, which was based in Texas. This property was subsequently renovated and repositioned for multi-tenant use in 1998 and 2002. However, for the appraisal assignment, Monster.com represented the largest tenant, occupying roughly half of the total occupied space, but whose lease was expiring the following year. As a result, ownership had proactively obtained municipal approvals to convert approximately half of the total property to residential apartments.
A 6-story, 164,074 SF, Class-B, suburban office building. This building shared a site and structured parking garage with an attached 5-story Hilton Hotel.
A 377,000-square-foot Class B suburban office building, 100% leased at the time by Reology, the parent company of Century 21, ERA, Coldwell Banker and Sotheby's International Realty; however, the lease was due to terminate within the next 18-months and the tenant had already indicated that they would be vacating the property at the end of the lease term.
New Castle, DE. Appraisal of a distressed, 74.105 square foot suburban office building.
An industrial complex consisting of 11 buildings on a single site, containing an aggregate of 664,580-square-feet of warehouse and office space.
Appraisal of a vacant 113,105 square foot office building. The appraisal research revealed that most of the overall value was in the underlying land.
20,412 SF, single-tenant office building.
An industrial business park containing an aggregate of 1,332,434 square feet in five class A warehouse buildings, situated 1.5 miles from I-95 and I-695.
A 28.91 acre site located adjacent to Exit 13A of the New Jersey Turnpike and Newark Airport. The property had undergone environmental remediation and was approved for the development of a 290,400 SF warehouse/distribution center
A 33.72 acre site proposed for the development of a 440,550 SF warehouse/distribution center and located just off exit 56 of I-295 and within a mile of the New Jersey Turnpike.
A 394.56 acre site planned for the development of three warehouse/distribution buildings containing a total of 2,785,158 square feet. Located within the Exit 8-A industrial submarket. This submarket represents approximately 50 percent of the modern warehouses located in New Jersey due to its uniquely desirable location for distribution. Located at the geographic center of the Boston-Washington, D.C. corridor, the location enables distributors to reach more than 130 million consumers, one-third of the northern American population, within a one-day drive.
A 393-441 square foot suburban office park. Completely renovated in 2000 and featuring unique architectural lobby area designs and a total of four buildings within the complex.