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Fortune Touch Acquires Office Property At 20 Craig Road In Montvale For $5.75M

Property Image
SOLD
$5,750,000
Andre Balthazard
Andrew "Andy" Schwartz
Jordan Sobel
+ 2

New Jersey

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Office29,898 SF
Sold 09/08/2025
the dealplayerscompscontact
Property Image
SOLD

Fortune Touch Acquires Office Property At 20 Craig Road In Montvale For $5.75M

20 Craig Road

See Similar Deals
Office29,898 SF
Sold 09/08/2025
Andre Balthazard
Andrew "Andy" Schwartz
Jordan Sobel
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$192
Total Square Footage:29,898 SF
Transaction Type:Sale

20 Craig Road is a 29,898-sf office property located in Montvale, NJ, on a 2.97-acre site. The property was sold for $5,750,000, equating to a price per square foot of $192. It is fully leased to Jura.

Summary of transaction details:

Cushman & Wakefield facilitated the transaction, representing seller Mountain Development Corp. and securing buyer Fortune Touch, while also coordinating acquisition financing for the deal.

Players

Andrew "Andy" Schwartz
Cushman & Wakefield
Andrew Schwartz
38 deals$333.5M volume
BROKER
Jordan Sobel
Cushman & Wakefield
Jordan Sobel
43 deals$395.1M volume
BROKER
Andre Balthazard
Cushman & Wakefield
Andre Balthazard
39 deals$351.5M volume
BROKER
Daniel (Dan) Bottiglieri
Cushman & Wakefield
Daniel Bottiglieri
18 deals$152.2M volume(732) 439-1919
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE
Bob Lieb
Mountain Development Corp.
Bob Lieb
1 deal$5.8M volume
SELLER
Mountain Development Corp.
Mountain Development Corp.
SELLER

Details

SOLD
IMAGE: Bob Lieb, Andy Schwartz, Jordan Sobel, Andre Balthazard & Dan Bottiglieri DATE: 09/08/2025 ADDRESS: 20 Craig Road MARKET: Montvale ASSET TYPE: Office ~ ACRES: 2.97 BUYER: Fortune Touch SELLER: Bob Lieb - Mountain Development Corp. BROKERS: Andy Schwartz, Jordan Sobel (@JordanSobel), Andre Balthazard (@Andre_Not_3000) & Dan Bottiglieri (@DanBottiglieri) - Cushman & Wakefield (@CushWake) SALE PRICE: $5,750,000 SF: 29,898 ~ PPSF: $192 NOTE: Cushman & Wakefield brokered the $5.75M sale of 20 Craig Rd., a 29,898-sf single-tenant flex/office property in Montvale, NJ, fully leased to Jura. The firm’s team represented seller Mountain Development Corp. and procured buyer Fortune Touch, while also arranging acquisition financing. &Wakefield

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