Top 10 Largest Office Buildings
in Montclair
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 7 Seymour Street | 7 Seymour Street, 07042 | 40,000 | 2020 |
| The Madison Building | 427 Bloomfield Avenue, 07042 | 30,000 | 1912 |
| 1 Greenwood Avenue | 1 Greenwood Avenue, 07042 | 27,808 | 1927 |
| 7 North Willow Street & 8 Lackawanna Plaza | 7 North Willow Street, 07042 | 27,696 | 1927 |
| 475-483 Bloomfield Avenue | 475 Bloomfield Avenue, 07042 | 27,051 | 1922 |
| 398-408 Bloomfield Ave | 398-408 Bloomfield Ave, 07042 | 6,480 | 1921 |
Largest Office Properties Recently Completed
in Montclair
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 7 Seymour Street | 7 Seymour Street, 07042 | 40,000 | 2020 |
| 1 Greenwood Avenue | 1 Greenwood Avenue, 07042 | 27,808 | 1927 |
| 7 North Willow Street & 8 Lackawanna Plaza | 7 North Willow Street, 07042 | 27,696 | 1927 |
| 475-483 Bloomfield Avenue | 475 Bloomfield Avenue, 07042 | 27,051 | 1922 |
| The Madison Building | 427 Bloomfield Avenue, 07042 | 30,000 | 1912 |
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...