For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Colliers and powered by RealINSIGHT Marketplace, Perryville III at 53 Frontage Road in Hampton, New Jersey is a ±285,402 SF institutional-quality office property strategically positioned along the I-78 corridor between Exits 11 and 12, offering excellent connectivity to Northern New Jersey and Eastern Pennsylvania. Currently 61% leased to a diverse roster of credit and institutional tenants, Perryville III provides stable in-place income with meaningful upside through the lease-up of approximately 104,000 SF of available space, including a ±61,000 SF contiguous block. Built to headquarters-quality standards, the Property features strong infrastructure, abundant parking, on-site amenities, and access to an affluent, highly educated labor pool. This receivership sale presents a compelling opportunity for investors, owner-users, and developers seeking significant value-add potential along one of New Jersey's most established corporate corridors. Tours are available by appointment. Please contact Brittany.Leventoff@colliers.com to schedule.
Due Diligence
Location
Perryville III sits at 53 Frontage Road along the I-78 corridor between Exits 11 and 12 in Hunterdon County, roughly 13 miles from the Pennsylvania border. The location is a proven labor intercept, drawing from Northern New Jersey's corporate base to the east and the Lehigh Valley's workforce to the west, with Newark International Airport about 45 minutes away.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
