Executive Drive W Orange, LLC Acquires 300 Executive Drive Office Building For $17 Million

300 Executive Drive is a fully leased office building located in the West Orange market, featuring 129,298 square feet of space. The property was sold for $17,000,000, translating to a price per square foot of $131.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $17,000,000
• Address: 300 Executive Drive
• Market: West Orange
• Buyer: Executive Drive W Orange, LLC
• Seller: JD Moore & Austin Rolnick - Triumvirate Realty
• Brokers: Andrew Schwartz, Jordan Sobel, Andre Balthazard, and Daniel Bottiglieri - Cushman & Wakefield
• Mortgage Brokers: Brian Anderson and Eddie Miro - Cushman & Wakefield
• Square Footage: 129,298
• Price per Square Foot: $131

Cushman & Wakefield arranged the sale and provided financing for the transaction, representing both the seller, Triumvirate Realty, and the buyer, Executive Drive W Orange, LLC. The firm highlighted the property’s premium amenities and strategic location as important factors for tenant retention and investment value.