Accordia to manage 118,139 s/f office bldg. in Roseland, NJ
ROSELAND, NJ – Accordia Realty Ventures (Accordia) has been selected to manage and oversee the extensive repositioning of 5 Becker Farm Rd. in Roseland.
“We’re excited to be working with old friends whose vision for the property we respect immensely,” said Accordia’s principal Joe Romano. “With its excellent location, it’s no surprise this class A building has seen extraordinary market activity recently.”
The 118,139 s/f office building is located on 8.5 acres within 280 Corporate Center. Consisting of four floors, the building features an onsite, full-service cafeteria; building security; daycare center; ample parking; and bus service to Newark and surrounding areas.
Adjacent to quality “bedroom communities” that provide direct access to the fourway cloverleaf interchange at I-280 and Livingston Ave., and with excellent access to New York City and Newark Liberty International Airport, convenience is perhaps the property’s best feature.
Accordia is currently meeting with architects and contractors to finalize plans for a multi-million dollar capital improvement campaign. The Fairfield-based firm will update the lobby, common areas and elevators and repave the parking lot.
The owner of the property, San Francisco-based Soma Capital Partners, is well acquainted with Accordia, having partnered with the firm on multiple projects over the last several years.
“We have had a longstanding relationship with Soma Capital and look forward to another opportunity to work with them,” said Jason Bogart, a principal with Accordia.