Originally built in the 1970s as the North American headquartersfor Fiat, the asset was acquired by current owner TeachersInsurance in the late '90s, and refurbished and repositioned as amulti-tenant building in 2002. And Teachers has hired Grubb &Ellis, Fairfield, to fill the vacancy.


"The building was completely refurbished in 2002 and thereforeis the next best thing to a new building," says G&E SVP JohnBeers, who's teamed with fellow SVP Craig Fitzpatrick to market theproperty. "It's the best building in the Triboro market," whichconsists of Montvale, Woodcliff Lake and Park Ridge.


The rest of the building is occupied by Ingersoll-Rand, whichuses the space as its North American headquarters. The availabilityis currently listed with an asking price of $27 per sf.

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