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He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.","imageLarge":"http://images.globest.com/contrib/content/uploads/sites/299/2016/01/Paul-Bunny_avatar_1453917953-136x136.jpg","webUrl":"/author/profile/paul-bubny/"}],"publication":"Globe Street","kicker":"","kickerNode":[],"prettyDate":"July 23, 2014","pubDate":"2014-07-23 13:27:00:000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"MONTVILLE, NJ—The two buildings at 340 Changebridge Rd. formerly served as a corporate campus for Bayer Healthcare, which consolidated its New Jersey offices in 2013.","categories":[],"allCategories":[{"sectionName":"","channelName":"GlobeSt Market"},{"sectionName":"","channelName":"Globest Sectors"},{"sectionName":"","channelName":"Globest Topics"},{"sectionName":"National","channelName":"GlobeSt Market"},{"sectionName":"New Jersey","channelName":"GlobeSt Market"},{"sectionName":"Office","channelName":"Globest Sectors"},{"sectionName":"","channelName":"tag"}],"bodyArray":["<p xmlns:i=\"incisive-repository\" xmlns=\"http://www.w3.org/1999/xhtml\">MONTVILLE, NJ—CBRE Group has been tapped to handle leasing at340 Changebridge Rd., a two-building corporate campus totaling 218,413 square feet here. A CBRE team including SVP Geoff Schubert, VP Brian Godau and associate Todd Ward will be responsible for leasing and marketing the property on behalf of the owner, Vision Real Estate Partners, LLC.</p> <p xmlns:i=\"incisive-repository\" xmlns=\"http://www.w3.org/1999/xhtml\">The two properties, each consisting of three stories plus a lower level, are currently vacant and formerly served as a corporate campus for Bayer Healthcare. The company consolidated its New Jersey operations at its new East Coast headquarters in Whippany last year.</p> <p xmlns:i=\"incisive-repository\" xmlns=\"http://www.w3.org/1999/xhtml\">“This is a unique opportunity for companies to establish an institutional presence in a premier headquarters facility on a secure corporate campus, with exceptional on-site amenities, property management, security booth at the gated entrance and high-quality planned upgrades to the properties,” says Schubert. Vision also developed the Whippany site.</p> <p xmlns:i=\"incisive-repository\" xmlns=\"http://www.w3.org/1999/xhtml\">CBRE says both buildings have been well maintained since their construction, and are well situated on 27 landscaped acres in Montville Township. Property amenities include conference and training facilities, full-service cafeteria, fitness center, ample on-site parking and all-new HVAC at one of the buildings. The campus has immediate access to Interstate 80 and US Route 46, and is just 1.5 miles from I-280 and three miles from I-287.</p>"],"slides":[],"video":null},"youmightlike":null,"readnext":{"contents":[{"uri":"/2025/07/10/florida-ends-tax-on-commercial-rent-bringing-relief-to-tenants/","title":"Florida Ends Tax on Commercial Rent, Bringing Relief to Tenants","byline":"Anthony Russo","summary":"The removal of the tax will increase the state's competitive advantage and lure more folks to Florida. 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