Keystone Property Group Sells Office Building In Woodcliff Lake For $9.8 Million

A 53,730-square-foot office building at 470 Chestnut Ridge Road in Woodcliff Lake has been sold for $9.8 million. The property is fully leased to Kiewit Infrastructure, which serves as its Northeast headquarters.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,800,000
• Asset Size: 53,730 SF
• Price Per Square Foot: $182
• Seller: Keystone Property Group
• Brokers: Daniel Blumenkrantz, Doug Rodio, Jeffrey Dunne & Travis Langer - CBRE

CBRE's team, comprised of Jeffrey Dunne, Doug Rodio, Travis Langer, and Daniel Blumenkrantz, represented the seller, Keystone Property Group, in this transaction.