SOLD: $123,000,000
CLOSED: DECEMBER 2019
CONTINENTAL PLAZA
Hackensack, NJ
 
91% Leased Northern NJ Premier Office Complex
CBRE is pleased to announce the sale of Continental Plaza in Hackensack, New Jersey for $123,000,000, the highest price paid for an office building in Bergen County in over five years and the largest sale of a multitenant office building in suburban New Jersey year-to-date. The CBRE team represented the seller, Capstone Realty Group and JD Companies, and procured the buyer, Lionstone Capital.

This is the second consecutive year that CBRE was responsible for the largest office sale in Bergen County, after selling Park 80 West in Saddle Brook for $115.5 million, also to Lionstone Capital, in 2018 and comes on the heels of CBRE’s recent sale of American Metro Center for $84.7 million.
For more information about this transaction, please contact:
JEFFREY DUNNE
Vice Chairman
+1 203 352 8928
jeff.dunne@cbre.com
 
JEREMY NEUER
Executive Vice President
+1 732 509 2888
jeremy.neuer@cbre.com
 
GENE PRIDE
Senior Vice President
+1 203 352 8906
gene.pride@cbre.com
 
STEVEN BARDSLEY
Senior Vice President
+1 203 352 8933
steven.bardsley@cbre.com
 
DAVID GAVIN
Senior Vice President
+1 203 352 8944
david.gavin@cbre.com
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+1 203 329 7900
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Melville, NY 11747
+1 631 370 6000
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