PRESS RELEASE: Colliers International Hired as Exclusive Leasing Agent for Overlook at Great Notch

Parsippany, NJ - Colliers International has been hired as the exclusive leasing agent for Overlook at Great Notch, a 425,000-square-foot Class A office building located at 150 Clove Road in Little Falls, NJ. Ownership has recently stabilized the asset through recapitalizing the building and is furthering its long-term commitment to this trophy asset as it finalizes plans for building renovations.

The 12-story property — perched on a hill at the juncture of Route 46 and Route 3, and minutes from the Garden State Parkway and I-80 — offers stunning panoramic views of New York City and New Jersey. Overlook at Great Notch also provides corporate tenants up to 200,000 square feet of contiguous available space, making it the only remaining large block opportunity on the Route 3 corridor.

In addition, plans are being finalized for an initial multi-million dollar capital improvement program, including modernizing the lobby and common areas, and constructing a state-of-the-art conference room, and fitness center.

“The quality of Overlook at Great Notch, its forthcoming renovations, prime location, and panoramic views, combined with the large block of contiguous space make this property one of the most attractive in the northern New Jersey market,” said Robert Martie, Executive Vice President of the New Jersey Operations for Colliers International. “This well-located building has been recapitalized, allowing us to move forward in structuring new and dynamic deals.”

Overlook at Great Notch includes covered parking, a full-service cafeteria, Wi-Fi access, 24-hour gated security, onsite ownership and management, and is within walking distance to the NJ Transit Montclair State University train station.

The Colliers International leasing team of Richard Mirliss, Richard Madison, and Anthony Rinaldi, will provide agency representation services.

Tenants in the building include Morgan Stanley, Mass Mutual, Roche, Cantel Medical, Sentrx Safety Solutions, and Systra Consulting.

Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

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