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CBRE Tapped to Lease Vacant Office Building

WARREN, NJ-CB Richard Ellis has been named the exclusive leasing agent for 184 Liberty Corner Rd. here.

By Maria Wood | Updated on April 14, 2009

WARREN, NJ-CB Richard Ellis has been tapped as the exclusive leasing agent of 184 Liberty Corner Rd. here. The 365,000-square-foot office building is owned by a partnership controlled by Hanover Real Estate Partners.

CBRE senior vice presidents Geoffrey Schubert and Sam Buckley are in charge of the marketing efforts for the building, which was constructed in 1984. Buckley tells GlobeSt.com that the four-story building had been previously occupied by Alcatel-Lucent, which vacated the building several years ago due to consolidation.

The property, however, is not being marketed as a sublease, Buckley says. Since there is just a short time remaining on the contract, Alcatel-Lucent and the landlord are angling to structure a new deal with an incoming tenant, he says. According to Buckley, Alcatel-Lucent is looking to buy out the remaining time on the lease.

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