GVA Williams of N.J., LLC.

GVA Williams of N.J., LLC has been retained to exclusively market several high profile office buildings, comprising 669,000 SF, throughout New Jersey. The four buildings are located in Franklin Twp., Parsippany, West Orange, Newark, and Hanover Twp.

KBS, a Boston-based advisory firm, has retained the services of GVA Williams for 265 Davidson Ave., a 178,000 SF, four-story office building located in Franklin Twp. Approximately 130,000 SF will be vacated at the end of the second quarter of 2001, based on the consolidation plans of Merrill Lynch. The building offers a four-story, atrium floor plates of approximately 45,000 SF, which can be easily divided to offer identity exposure off the elevators and into the various public corridors. The ownership plans on extensive renovations, including all common areas, a full service cafeteria, landscaping, and artwork.

BNE, a partnership with an entrepreneurial investment group, is speculatively developing a 100,000SF, three-story office building at Exit 8B (Prospect Ave.) of I-280 in West Orange. Occupancy is scheduled for the first quarter of 2002.

The granite facade building will offer amenities such as state-of-the-art HVAC systems, telecommunications, extensive parking, 9' ceilings, and an atrium. The building is located at a four-way interchange and offers easy access to the Garden State Parkway, I-287, I-80, and most major thoroughfares in northern New Jersey.

Savitar Associates, an investment partnership out of Miami, has purchased 33 Washington St., a 381,798 SF, 19-story office building located in the booming Newark Central Business District. The building is located between Broad and Essex Streets. Major tenants in the building include Prudential Insurance Co. and Blue Cross Blue Shield. Current amenities include 24-hour security, full service cafeteria, ATM, state-of-the-art energy management system, and tax exemptions for Urban Enterprise Zone.

Woodmont Properties, a New Jersey-based commercial real estate developer, has received the necessary written approvals to construct a three-story, 110,000 SF, state-of-the-art, class "A" office building at the intersection of I-287 and Cedar Knolls Road in Hanover township. Woodmont Corporate Center II will be constructed on a 14.65-acre wooded site and will offer generous 37,000 SF floor plates, making this facility an excellent build-to-suit opportunity. Woodmont Corporate Center II will enjoy the same high level of telecom service that it's corporate neighbors Bear Steams and NECA currently access on the fiber optic backbone running along Cedar Knolls and Jefferson Roads. In addition, Center II's location will enhance the backbone's capability with a right of entry to digital, central office, and switching box services. The building has easy access to North and Southbound lanes of I-287 and Routes 10 and 24, and is just minutes away from a full I-80 interchange and Route 46 East and West.