{"id":1004493292,"date":"2020-11-16T08:51:42","date_gmt":"2020-11-16T16:51:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004493292"},"modified":"2020-11-16T23:09:45","modified_gmt":"2020-11-17T07:09:45","slug":"onyx-kicks-off-10m-office-revamp-in-new-jersey","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/","title":{"rendered":"Onyx Kicks Off $10M Office Revamp in New Jersey"},"content":{"rendered":"<p>Onyx Equities and Garrison Investment Group have commenced their $10 million renovation for the repositioning of 650 From Road, a Class A office building in Paramus, N.J., with a planned completion of summer 2021. Movado and RBC are current tenants of the 363,000-square-foot trophy building.<\/p>\n<p>Completed in 2000, Onyx purchased the five-story asset in 2019 from Mack-Cali Realty, as part of a $42 million portfolio transaction, according to Yardi Matrix.&nbsp;<\/p>\n<p>The renovation will add new interior and exterior facilities such as a full-service cafeteria and conference room, outdoor workstations and exercise equipment. The main lobby will also be remodeled with the addition of a spiraling \u201cliving wall.\u201d<\/p>\n<p>Located in Bergen County, just off Garden State Parkway and next to Hampton Inn Paramus, the property sits between two large retail centers. Teterboro Airport is roughly 7 miles away, while Manhattan is within a 20-mile radius.<\/p>\n<p>Mark Zaziski, David DeMatteis and Ben Brenner of Cushman &amp; Wakefield are the exclusive agents of the office building, which can hold tenants between 2,000 and 200,000 square feet.<\/p>\n<p>Earlier this year, Onyx was part of a joint venture that acquired a 10-building office portfolio in New Jersey, totaling 1.5 million square feet. The properties, located in Parsippany and Madison, <a href=\"https:\/\/www.commercialsearch.com\/news\/jv-buys-new-jersey-office-portfolio-for-158m\/\">traded for $158 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completed in 2000, 650 From Road in Paramus encompasses 363,000 square feet across five stories.<\/p>\n","protected":false},"author":739,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1600,21742,10,21747],"tags":[32799,34205,33554,33745],"class_list":["post-1004493292","post","type-post","status-publish","format-standard","hentry","category-development","category-new-york","category-latest","category-northeast","category-office","tag-cushman-wakefield","tag-garrison-investment-group","tag-mack-cali-realty-corporation","tag-onyx-equities-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Onyx Kicks Off $10M Office Revamp in New Jersey - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Onyx Kicks Off $10M Office Revamp in New Jersey\" \/>\n<meta property=\"og:description\" content=\"Completed in 2000, 650 From Road in Paramus encompasses 363,000 square feet across five stories.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-16T16:51:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-17T07:09:45+00:00\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/onyx-kicks-off-10m-office-revamp-in-new-jersey\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/onyx-kicks-off-10m-office-revamp-in-new-jersey\\\/\"},\"author\":{\"name\":\"Beata Lorincz\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/23f841021ddf3b38ebc56abefe1d6004\"},\"headline\":\"Onyx Kicks Off $10M Office Revamp in New Jersey\",\"datePublished\":\"2020-11-16T16:51:42+00:00\",\"dateModified\":\"2020-11-17T07:09:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/onyx-kicks-off-10m-office-revamp-in-new-jersey\\\/\"},\"wordCount\":208,\"keywords\":[\"Cushman &amp; 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Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/beata-lorincz\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Onyx Kicks Off $10M Office Revamp in New Jersey - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/","og_locale":"en_US","og_type":"article","og_title":"Onyx Kicks Off $10M Office Revamp in New Jersey","og_description":"Completed in 2000, 650 From Road in Paramus encompasses 363,000 square feet across five stories.","og_url":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-11-16T16:51:42+00:00","article_modified_time":"2020-11-17T07:09:45+00:00","author":"Beata Lorincz","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/"},"author":{"name":"Beata Lorincz","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004"},"headline":"Onyx Kicks Off $10M Office Revamp in New Jersey","datePublished":"2020-11-16T16:51:42+00:00","dateModified":"2020-11-17T07:09:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/"},"wordCount":208,"keywords":["Cushman &amp; Wakefield","Garrison Investment Group","Mack-Cali Realty Corporation","Onyx Equities LLC"],"articleSection":["Development","New York","News","Northeast","Office"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/","url":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/","name":"Onyx Kicks Off $10M Office Revamp in New Jersey - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2020-11-16T16:51:42+00:00","dateModified":"2020-11-17T07:09:45+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/onyx-kicks-off-10m-office-revamp-in-new-jersey\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Onyx Kicks Off $10M Office Revamp in New Jersey"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004","name":"Beata Lorincz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","caption":"Beata Lorincz"},"description":"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. 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