"That a prominent firm whose business is real estate chose to stay here is a testament to the complex's attractiveness," says William J. O'Keefe, vice president of leasing for Normandy Real Estate Partners, owner of the complex. "The move was necessitated by the company's ongoing growth and is primarily accommodating an accounting department."

Normandy and joint venture partners Morgan Stanley and Wafra Investment Advisory Group acquired the 650,000-sf, three-tower office complex in September 2004 from Stellar Management and Brack Capital Real Estate for a reported $108.5 million, or $167 per sf. The 12-acre complex is located at 401, 411 and 433 Hackensack Ave.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.