| PROPERTY INFORMATION |
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| County |
Morris County |
| Ownership |
25 Vreeland Venture, LLC an equity joint venture between
Bergman Real Estate Group and Rialto Capital |
| Year Built |
Building A: Built 1983, renovated 2009
Building B: Built 1984, renovated 2009 |
| Class |
Class A office |
| Building Size |
Building A: Approximately 115,000 +/- rsf
Building B: Approximately 115,000 +/- rsf |
| Floors |
Three (3) stories each |
| Floor Size |
Approximately 38,500 +/- rsf |
| Parking |
800 Surface parking spaces total |
| Building Hours |
8:00 A.M. to 6:00 P.M. Monday through Friday and 8:00 A.M. to 1:00 P.M. on Saturdays (excluding Holidays) |
| Security |
Both buildings are secured via a Proximity card access control system. A CCTV monitoring system is in place on the first floor entrances of 25A & 25B Vreeland Road. |
HVAC Systems
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The HVAC system in building 25A consists of one Dunham Bush Chiller, installed in 1999, with 300 tons of chilling capacity and one Evapco Tower, installed in 2001, with 300 tons of cooling capacity. The HVAC system in building 25B consists of one Dunham Bush Chiller, installed in 2001, with
300 tons of chilling capacity and one Evapco Tower, installed in 2002, with 300 tons of cooling capacity. Both buildings have pneumatic thermostats controlling Barber Coleman Variable Air Volume (“VAV”) boxes. Heating is provided by Paterson Kelly gas fired boilers, 1,445,000 BTU’s. HVAC is monitored and controlled through the use of a Teletrol Management System, on site and remotely via laptop computer. |
| HVAC Overtime Fees |
$75.00/hour |
|
| Tenant Electric |
Currently estimated at $1.75/sf |
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Power
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Jersey Central Power and Light (“JCP&L”) maintains a 277/480-volt, 3 phase, 4 wire system in each building distributed from three electric closets, one on each floor. An above market standard 6 watts per SF is available for lights and power. PSE&G supplies gas. |
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| Column Space |
30’ x 30’ box grid |
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| Ceiling Height |
8’8” Finished, 13’ slab to slab |
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| Floor Loads |
80 lbs/SF Live Load |
|
| Elevators |
Each building has two National passenger elevators with 3,500-lb. capacity. |
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Life Safety
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Each building is fully sprinklered with a hydraulically calibrated wet system. Audible signal speakers and flashing strobe visual signals are located in all common areas and tenant spaces, which connect directly into a 24/7 central station monitored by ESSI. The buildings are supplied with smoke and heat detectors, fire alarm pull stations and highly visible exit signs. |
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Generator
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A gas fired back up generator, for life safety systems, is located in the penthouse of both 25A & 25B Vreeland Road. |
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