May 19, 2017
Theta Holding Company has finished a multi-million-dollar renovation of Overlook Corporate Center in Little Falls, NJ.
“Their investment is paying off,” said Richard Mirliss, executive managing director at Colliers International Group. The 415,000-square-foot property is now 80% occupied, up from just 30% occupied before Colliers became the exclusive leasing agent for the property at 150 Clove Rd. Asking rents are now in the high $20 per square foot range, up from the low $20s.
Theta added a state-of-the-art conference center, a full-service fitness center and airport-style lounge areas for meetings and social gatherings. It stands at the junction of Routes 46 and 3, and next to New Jersey Transit’s Montclair State University train station.
For comments, questions or concerns, please contact Bendix Anderson