July 30, 2017
Mountain Development Corp. is planning a full renovation of 5 Garret Mountain Plaza in Woodland Park, NJ., now that its sole tenant, Cytec Industries, has left the building.
The new additions will include a full-service café, fitness and conference center and a new rooftop deck with views of the Ramapo Mountains. The 101,880-square-foot property is part of a three-building, 30-acre campus that is owned by affiliates of Mountain Development Corp.
“The redevelopment of 5 Garret Mountain Plaza will allow a single or anchor tenant to create a fully-customized ‘live-work-play’ environment,” said David Simson, vice-chairman and chief operating officer of Newmark Knight Frank’s (NKF) New Jersey office, which is the exclusive leasing agent for the property.
NKF is seeking a sole tenant or a lead tenant of not less than 50,000 square feet. “A company that establishes a presence here will benefit from having their name on the building, fully visible when exiting I-80,” said Simson.
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