Search
 

BPG Hands out 1M-SF Assignment

MT. OLIVE, NJ-The entire former BASF North American headquarters, renamed Morris Crossroads, remains on the market.

By Eric Peterson | Updated on June 18, 2008

MT. OLIVE, NJ-BPG Properties is looking to find tenants for the one-million-sf former BASF North American headquarters here, and has hired CB Richard Ellis to fill the five-building campus. Renamed Morris Crossroads Corporate Campus, the complex is located at 3000 Continental Dr. here.

For CBRE, the assignment is being handled by vice chairman Patrick Murphy, SVP Sam Buckley, EVP Peter Eppie, senior managing director Ray Sohmer, SVP Remy DeVarenne and associates Gregg Baillie and Brendan McBride. An affiliate of the Yardley, PA-based BPG acquired the sprawling asset two years ago after BASF downsized and located to two smaller North Jersey locations, leaving the campus completely vacant.

“Morris Crossroads is the largest block of class A space in the New York metropolitan area,” says Murphy, in a statement. “It is ideal for mid- to large-sized companies that are seeking to relocate, reduce operating costs….”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.