2115 Linwood Ave., Fort Lee, NJ 2115 Linwood Ave., Fort Lee, NJ

FORT LEE, NJ—Cross River Bank has acquired the 70,000-square-foot 2115 Linwood Ave. office building in an off-market transaction with Mack-Cali Realty.

The deal will allow Cross River to relocate its corporate headquarters and approximately 200 employees to the building, according to commercial brokerage firm Cushman & Wakefield, which represented Cross River Bank in the transaction. Cross River Bank, which had been considering relocating its headquarters to a facility in Orangeburg, NY, did receive a Grow NJ grant in connection with the purchase. No other financial terms of the transaction were disclosed.


NOT FOR REPRINT

© 2024 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.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.