Top 10 Largest Office Buildings
in Cranford
Office building | Address | Sqft | Year built |
---|---|---|---|
750 Walnut Avenue | 750 Walnut Avenue, 07016 | 276,728 | 1947 |
Mack-Cali Corporate Center | 20 Commerce Drive, 07016 | 214,000 | 1991 |
Cranford Business Park - 20 Commerce Drive | 20 Commerce Drive, 07016 | 186,813 | 1991 |
Mack-Cali Corporate Center | 11 Commerce Drive, 07016 | 90,000 | 1981 |
Mack-Cali Corporate Center | 65 Jackson Drive, 07016 | 82,062 | 1984 |
25 Commerce Drive | 25 Commerce Drive, 07016 | 67,749 | 1968 |
14 Commerce Drive | 14 Commerce Drive, 07016 | 67,190 | 1968 |
4 Commerce Drive | 4 Commerce Drive, 07016 | 60,850 | 1982 |
129 Dermody Street | 129 Dermody Street, 07016 | 50,056 | 1967 |
1150 Raritan Road | 1150 Raritan Road, 07016 | 44,076 | 1985 |
Largest Office Properties Recently Completed
in Cranford
Office building | Address | Sqft | Year built |
---|---|---|---|
Cranford Business Park - 20 Commerce Drive | 20 Commerce Drive, 07016 | 186,813 | 1991 |
1150 Raritan Road | 1150 Raritan Road, 07016 | 44,076 | 1985 |
340 North Avenue East | 340 North Avenue East, 07016 | 37,808 | 1985 |
4 Commerce Drive | 4 Commerce Drive, 07016 | 60,850 | 1982 |
21 Commerce Drive | 21 Commerce Drive, 07016 | 26,241 | 1979 |
129 Dermody Street | 129 Dermody Street, 07016 | 50,056 | 1967 |
750 Walnut Avenue | 750 Walnut Avenue, 07016 | 276,728 | 1947 |
News
Multifamily sales across top metros nationwide have increased significantly over the past decade. The transaction volume in 2019 alone was $129 billion, compared to $13.4 billion in multifamily sales in 2009.
The Golden State contributed 29 locations with average asking rents ranging from $58.70 to $109.57 per square foot per year. The second-most dominant representation in our top 50 was New York, which added a total of 13 entries.
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the San Francisco-based food delivery behemoth. The deal, which was...