135 CHESTNUT RIDGE ROAD
Capstone acquired 135 Chestnut Ridge Road from the Mack-Cali Corporation, at the same time as 50 Tice.
Located directly next to 155 Chestnut, 135 Chestnut is conveniently located on one of the main roadways of Montvale and right next to the Garden State Parkway.
The building is undergoing an extensive renovation including a complete overhaul of landscaping, HVAC/utility systems, and interior tenant spaces.
Capstone forecasts that the property should be stabilized by the end of 2020.
Forecast Deal IRR
Forecast Deal EM
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