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Cresa Negotiates Sale of 393,000 SF Broadacres Office Park in Bloomfield, New Jersey

http://rebusinessonline.com/wp-content/uploads/2021/04/Broadacres-Office-Park-Bloomfield-New-Jersey.jpg

Pictured is Building 3, one of four structures that comprises Broadacres Office Park in Bloomfield. Each building rises four stories and spans 98,250 square feet.

BLOOMFIELD, N.J. — Cresa has negotiated the off-market sale of Broadacres Office Park, a 393,000-square-foot property located in the Northern New Jersey community of Bloomfield. Originally built in 1976 and renovated in 2001, Broadacres Office Park consists of a quartet of four-story, 98,250-square-foot buildings. Amenities include a fitness center, cafeteria and a tenant lounge. P3 Properties sold the asset to ERCT Capital Group for an undisclosed price. Dennis Gralla, James Scancarella and Jonathan Marks of Cresa brokered the deal.

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